Sabra Health Care REIT (SBRA) Misses Q3 EPS by 4c

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Go back to Sabra Health Care REIT (SBRA) Misses Q3 EPS by 4c

Sabra Reports Third Quarter 2014 Results; Reports Increases in Normalized FFO and Normalized AFFO Per Share of 9% and 19%, Respectively, Over Third Quarter 2013; Invests $863.0 Million Year to Date; I

November 3, 2014 4:00 PM EST

IRVINE, Calif., Nov. 3, 2014 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we") (Nasdaq: SBRA) today announced results of operations for the third quarter of 2014.

RECENT HIGHLIGHTS

For the third quarter of 2014, Normalized FFO, Normalized AFFO and net income attributable to common stockholders per diluted common share were $0.51, $0.51 and $0.31, respectively, compared to $0.47, $0.43 and $0.24, respectively, for the third quarter of 2013. Included in Normalized FFO and net income attributable to common stockholders for the third quarter of 2014 was $2.0 million ($0.04 per diluted common share) of acquisition pursuit costs primarily related to... More