Sabra Healthcare REIT, Inc. (SBRA) Tops Q1 FFO by 1c

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Go back to Sabra Healthcare REIT, Inc. (SBRA) Tops Q1 FFO by 1c

Sabra Reports First Quarter 2014 Results and Increases Quarterly Common Dividend by 6%; Reports Increases in Normalized FFO and Normalized AFFO Per Share of 20% and 23%, Respectively Over First Quarte

May 5, 2014 4:15 PM EDT

IRVINE, Calif., May 5, 2014 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we") (Nasdaq: SBRA) today announced results of operations for the first quarter of 2014.

RECENT HIGHLIGHTS

For the first quarter of 2014, Normalized FFO, Normalized AFFO and net (loss) income attributable to common stockholders per diluted common share were $0.55, $0.53 and $(0.25), respectively, compared to $0.46, $0.43 and $0.25, respectively, for the first quarter of 2013.   During the first quarter, revenues increased 28% over the same period in 2013, from $32.0 million to $40.9 million.   During the first quarter of 2014, we purchased... More