CareTrust REIT (CTRE) Reports In-Line Q2 EPS

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Go back to CareTrust REIT (CTRE) Reports In-Line Q2 EPS

CareTrust REIT Announces Second Quarter 2018 Operating Results; Updates 2018 Guidance

August 1, 2018 4:05 PM EDT

SAN CLEMENTE, Calif., Aug. 01, 2018 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) today reported operating results for the quarter ended June 30, 2018, as well as other recent events. 

For the quarter, CareTrust REIT reported: 

Net income of $13.3 million, and net income per diluted weighted-average common share of $0.17;Normalized FFO of $24.5 million, an increase of 19%, and normalized FFO per diluted weighted-average common share of $0.32, an increase of 14% over Q2 2017;Normalized FAD of $25.6 million, an increase of 18%, and normalized FAD per diluted weighted-average common share of $0.33, an increase of 10% over... More