04:13 AM EDT, 05/02/2025 (MT Newswires) -- CareTrust REIT ( CTRE ) reported late Thursday Q1 normalized funds from operations of $0.42 per share, up from $0.35 a year earlier.

Analysts polled by FactSet expected $0.43.

Revenue for the quarter ended March 31 was $96.6 million, up from $63.1 million a year earlier.

The company now expects 2025 normalized funds from operations of $1.69 to $1.73 per share, compared with previous guidance of $1.68 to $1.72 per share. Analysts polled by FactSet are expecting $1.77 per share.