CareTrust REIT (CTRE) Tops Q4 EPS by 2c

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CareTrust REIT Announces Fourth Quarter and Full Year 2019 Operating Results

February 20, 2020 4:33 PM EST

SAN CLEMENTE, Calif., Feb. 20, 2020 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) today reported operating results for the quarter and year ended December 31, 2019, as well as other recent events.

For the quarter, CareTrust REIT reported:

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... More