CareTrust REIT (CTRE) Reports In-Line Q4 EPS
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CareTrust REIT Announces Fourth Quarter and Fiscal 2018 Operating Results
February 13, 2019 4:10 PM ESTSAN CLEMENTE, Calif., Feb. 13, 2019 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) today reported operating results for the quarter and year ended December 31, 2018, as well as other recent events.
For the quarter, CareTrust REIT reported:
Net income of $15.5 million and net income per diluted weighted-average common share of $0.18;Normalized FFO of $27.1 million, a quarter-over-quarter increase of 14%, and normalized FFO per diluted weighted-average common share of $0.32, a quarter-over-quarter increase of 3% over Q4 2017;Normalized FAD of $27.9 million, an increase of 14%, and normalized FAD per diluted weighted-average common share... More