Sabra Health Care REIT (SBRA) Misses Q1 FFO by 4c
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Sabra Reports First Quarter 2017 Results; Increases Quarterly Common Dividend by 2.4% to $0.43 Per Share; Provides 2017 Outlook; S&P, Fitch and Moody's Place Sabra on Rating Watch Positive
May 8, 2017 4:05 PM EDTIRVINE, Calif., May 08, 2017 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. (Sabra, the Company or we) (NASDAQ: SBRA) (Nasdaq: SBRAP) today announced results of operations for the first quarter of 2017.
RECENT HIGHLIGHTS
For the first quarter of 2017, net income (loss) attributable to common stockholders, FFO, Normalized FFO, AFFO and Normalized AFFO per diluted common share were $0.25, $0.54, $0.55, $0.55 and $0.53, respectively, compared to $(0.28), $0.52, $0.56, $0.53 and $0.53, respectively, for the first quarter of 2016.For the first quarter of 2017, rental income and NOI for our property portfolio increased by 3.5% and 4.4%,... More