Sabra Reports Second Quarter 2018 Results; Reports Earnings Per Share, Normalized FFO Per Share and Normalized AFFO Per Share Growth of 300.0%, 10.9% and 7.5%, Respectively, Over Second Quarter 2017;

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Go back to Sabra Reports Second Quarter 2018 Results; Reports Earnings Per Share, Normalized FFO Per Share and Normalized AFFO Per Share Growth of 300.0%, 10.9% and 7.5%, Respectively, Over Second Quarter 2017;

Sabra Health Care REIT (SBRA) Reports Q2 EPS of $1.08; 'Affirms Previous Issued 2018 Guidance'

August 8, 2018 4:13 PM EDT

Sabra Health Care REIT (NASDAQ: SBRA) reported Q2 EPS of $1.08, versus $0.33 reported last year. Revenue for the quarter came in at $166.31 million versus the consensus estimate of $164.83 million.

Commenting on the second quarter results, Rick Matros, CEO and Chairman, said, The results for the quarter were in line with our expectations. We expect that occupancy and coverages for our Skilled Nursing portfolio and the sector as a whole are close to bottom and that we will see an upturn in 2019, with... More