CareTrust REIT (CTRE) Misses Q3 EPS by 15c

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Go back to CareTrust REIT (CTRE) Misses Q3 EPS by 15c

CareTrust REIT Announces Third Quarter 2023 Operating Results

November 9, 2023 4:10 PM EST

Conference Call Scheduled for Friday, November 10, 2023 at 1:00 pm ET

SAN CLEMENTE, Calif.--(BUSINESS WIRE)-- CareTrust REIT, Inc. (NYSE: CTRE) today reported operating results for the quarter ended September 30, 2023, as well as other recent events.

For the quarter, CareTrust REIT reported:

97.5% of contractual rents collected; Net income of $8.7 million and net income per share of $0.08; Normalized FFO of $36.6 million and normalized FFO per share of $0.35; Normalized FAD of $38.8 million and normalized FAD per share of $0.37; A quarterly dividend of $0.28 per share,... More