04:29 AM EDT, 05/02/2025 (MT Newswires) -- CareTrust REIT ( CTRE ) reported Q1 normalized funds from operations late Thursday of $0.42 per diluted share, up from $0.35 a year earlier.

Analysts polled by FactSet expected $0.43.

Rental revenue for the quarter that ended March 31 was $71.6 million, up from $53.5 million a year earlier.

Analysts surveyed by FactSet expected $69.2 million.

The company raised its full-year 2025 normalized FFO guidance to $1.69 to $1.73 per diluted share from the $1.68 to $1.72 set out on Feb. 12. Analysts surveyed by FactSet expect $1.77.