Sabra Health Care REIT (SBRA) Misses Q1 EPS by 73c, Revenues Miss
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Sabra Reports First Quarter 2019 Results; Reaffirms 2019 Guidance
May 8, 2019 4:05 PM EDTIRVINE, Calif.--(BUSINESS WIRE)-- Sabra Health Care REIT, Inc. (Sabra, the Company or we) (Nasdaq: SBRA) today announced results of operations for the first quarter of 2019.
RECENT HIGHLIGHTS
For the first quarter of 2019, net loss attributable to common stockholders, FFO, Normalized FFO, AFFO and Normalized AFFO per diluted common share were $(0.44), $0.43, $0.48, $0.46 and $0.47, respectively. Included in net loss per diluted common share were impairments of real estate of $0.58, primarily associated with the Senior Care Centers facilities, write-off of lease intangibles of $0.03 and loss on sale of real estate of $0.01.... More