Sabra Reports First Quarter 2020 Results; Provides an Update on Its Business

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Go back to Sabra Reports First Quarter 2020 Results; Provides an Update on Its Business

Sabra Health Care REIT (SBRA) Misses Q1 EPS by 4c, Revenues Miss; Provides Business Update

May 6, 2020 5:42 PM EDT

Sabra Health Care REIT (NASDAQ: SBRA) reported Q1 EPS of $0.17, $0.04 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $149.35 million versus the consensus estimate of $153.41 million.

Commenting on the impact of COVID-19, Rick Matros, CEO and Chairman, said, We remain optimistic as we manage through the pandemic alongside our tenants. Weve developed close and lasting relationships with our operators based on our industry experience and a shared passion for quality care. These enduring... More