CareTrust REIT (CTRE) Misses Q3 EPS by 25c

Go back to CareTrust REIT (CTRE) Misses Q3 EPS by 25c

CareTrust REIT Announces Third Quarter 2019 Operating Results

November 7, 2019 4:10 PM EST

SAN CLEMENTE, Calif., Nov. 07, 2019 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) today reported operating results for the quarter ended September 30, 2019, as well as other recent events.

For the quarter, CareTrust REIT reported:

Net loss of $10.1 million and net loss per diluted weighted-average common share of $0.11;Normalized FFO of $33.6 million and normalized FFO per diluted weighted-average common share of $0.35;Normalized FAD of $34.5 million and normalized FAD per diluted weighted-average common share of $0.36; andA net debt-to-normalized EBITDA ratio of 3.4x, and a net debt-to-enterprise value of... More