CareTrust REIT (CTRE) Reports In-Line Q2 EPS

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Go back to CareTrust REIT (CTRE) Reports In-Line Q2 EPS

CareTrust REIT Announces Second Quarter 2022 Operating Results

August 4, 2022 5:12 PM EDT

Conference Call Scheduled for Friday, August 5, 2022 at 1:00 pm ET

SAN CLEMENTE, Calif.--(BUSINESS WIRE)-- CareTrust REIT, Inc. (NYSE: CTRE) today reported operating results for the quarter ended June 30, 2022, as well as other recent events.

For the quarter, CareTrust REIT reported:

93.9% of contractual rents collected; Net income of $20.7 million and net income per share of $0.21; Normalized FFO of $35.6 million, a 0.7% decrease over the prior year, and normalized FFO per share of $0.37; Normalized FAD of $37.5 million, a 1.7% decrease over the prior... More