CareTrust REIT (CTRE) Misses Q4 EPS by 2c

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Go back to CareTrust REIT (CTRE) Misses Q4 EPS by 2c

CareTrust REIT Announces Fourth Quarter & Full Year 2023 Operating Results

February 8, 2024 4:11 PM EST

Conference Call Scheduled for Friday, February 9, 2024 at 1:00 pm ET

SAN CLEMENTE, Calif.--(BUSINESS WIRE)-- CareTrust REIT, Inc. (NYSE: CTRE) today reported operating results for the quarter and year ended December 31, 2023, as well as other recent events.

For the quarter, CareTrust REIT reported:

100.0% of contractual rents collected, resulting in collections for the year of 97.7%; Net income of $26.3 million and net income per share of $0.22; Normalized FFO of $43.4 million and normalized FFO per share of $0.36; Normalized FAD of $45.4 million and normalized FAD per share of... More