Sabra Health Care REIT (SBRA) Misses Q2 EPS by 2c; Reaffirms

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Sabra Reports Second Quarter 2017 Results; Reaffirms 2017 Guidance

August 2, 2017 4:05 PM EDT

IRVINE, Calif., Aug. 02, 2017 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. (Sabra, the Company or we) (NASDAQ: SBRA) (NASDAQ: SBRAP) today announced results of operations for the second quarter of 2017. 

RECENT HIGHLIGHTS 

For the second quarter of 2017, net income attributable to common stockholders, FFO, Normalized FFO, AFFO and Normalized AFFO per diluted common share were $0.27, $0.47, $0.55, $0.55 and $0.53, respectively, compared to $0.53, $0.78, $0.61, $0.75 and $0.58, respectively, for the second quarter of 2016.On July 10, 2017, we sold one skilled nursing/transitional care facility with a net book value of $4.6 million for... More