Sabra Health Care REIT Inc reports results for the quarter ended December 31 - Earnings Summary

• Sabra Health Care REIT Inc SBRA.OQ reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of seven analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 14 cents to 17 cents per share.

• Revenue rose 11.6% to $182.35 million from a year ago; analysts expected $177.96 million.

• Sabra Health Care REIT Inc's reported EPS for the quarter was 19 cents​.

• The company reported quarterly net income of $46.7 million.

• Sabra Health Care REIT Inc shares had fallen by 5.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for Sabra Health Care REIT Inc is $20.00

This summary was machine generated from LSEG data February 20 at 01:01 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)