Omega Healthcare Investors (OHI) Misses Q1 EPS by 3c, Revenues Beat; Withdraws FY20 Guidance
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Omega Reports First Quarter 2020 Results
May 4, 2020 4:25 PM EDTEnhances Strong Balance Sheet during COVID-19 Uncertainties
HUNT VALLEY, Md.--(BUSINESS WIRE)-- Omega Healthcare Investors, Inc. (NYSE: OHI) (the Company or Omega) today announced its results for the quarter ended March 31, 2020. The Company reported net income of $92.3 million or $0.39 per common share. The Company also reported NAREIT Funds From Operations (NAREIT FFO) for the quarter of $181.0 million or $0.77 per common share, Adjusted Funds From Operations (AFFO or Adjusted FFO) of $186.2 million or $0.79 per common share, and Funds Available for Distribution (FAD) of $174.3 million.
NAREIT FFO, AFFO and FAD are supplemental non-GAAP... More
