Sabra Health Care REIT (SBRA) Tops Q4 FFO by 3c
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Sabra Reports Fourth Quarter 2019 Results Highlighting a Strong Balance Sheet With Net Debt to Adjusted EBITDA of 5.38x; Solidifies Strong Foundation for Growth With 2020 Earnings Guidance
February 24, 2020 7:00 AM ESTIRVINE, Calif.--(BUSINESS WIRE)-- Sabra Health Care REIT, Inc. (Sabra, the Company or we) (Nasdaq: SBRA) today announced results of operations for the fourth quarter of 2019.
RECENT HIGHLIGHTS
For the fourth quarter of 2019, net income attributable to common stockholders, FFO, Normalized FFO, AFFO and Normalized AFFO per diluted common share were $0.20, $0.46, $0.48, $0.45 and $0.47, respectively. In our managed portfolio: Our wholly-owned Senior Housing - Managed portfolio produced net income of $5.5 million and $2.8 million for the fourth quarter of 2019 and 2018, respectively, and same store... More