Omega Healthcare Investors (OHI) Misses Q1 EPS by 2c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus

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Omega Announces First Quarter 2019 Financial Results

May 7, 2019 4:35 PM EDT

HUNT VALLEY, Md.--(BUSINESS WIRE)-- Omega Healthcare Investors, Inc. (NYSE: OHI) (the Company or Omega) today announced its results of operations for the quarter ended March 31, 2019. The Company reported net income of $72.2 million or $0.34 per common share. The Company also reported Funds From Operations (FFO) for the quarter of $144.1 million or $0.67 per common share, Adjusted Funds From Operations (AFFO or Adjusted FFO) of $161.3 million or $0.76 per common share, and Funds Available For Distribution (FAD) of $145.2 million.

Adjusted FFO excludes a few one-time non-cash revenue and expense items from FFO. FFO, AFFO and FAD are non-GAAP financial... More