CareTrust REIT Announces Fourth Quarter and Full Year 2019 Operating Results

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CareTrust REIT (CTRE) Tops Q4 EPS by 2c

February 20, 2020 4:35 PM EST

CareTrust REIT (NASDAQ: CTRE) reported Q4 EPS of $0.22, $0.02 better than the analyst estimate of $0.20.

Net income of $20.7 million and net income per diluted weighted-average common share of $0.22;Normalized FFO of $32.5 million and normalized FFO per diluted weighted-average common share of $0.34;Normalized FAD of $34.1 million and normalized FAD per diluted weighted-average common share of $0.36; andA net debt-to-normalized EBITDA ratio of 3.3x, and a net... More