CareTrust REIT (CTRE) Tops Q2 EPS by 1c

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Go back to CareTrust REIT (CTRE) Tops Q2 EPS by 1c

CareTrust REIT, Inc. Announces Second Quarter 2016 Operating Results

August 8, 2016 4:34 PM EDT

SAN CLEMENTE, Calif., Aug. 08, 2016 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ: CTRE) today reported operating results for the second quarter of 2016, as well as other recent events. Quarter and other highlights include:

Net income for the quarter was $0.13 per diluted weighted average share;Normalized FFO for the quarter was $0.27 per diluted weighted average share;Normalized FAD for the quarter was $0.29 per diluted weighted average share;During the quarter and since, CareTrust initiated four new net-lease tenant relationships and expanded two preexisting tenant relationships;During the quarter and since, CareTrust... More