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CareTrust REIT Q4 Normalized FFO, Revenue Increase -- Shares Rise After Hours
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CareTrust REIT Q4 Normalized FFO, Revenue Increase -- Shares Rise After Hours
Feb 12, 2025 2:38 PM

05:12 PM EST, 02/12/2025 (MT Newswires) -- CareTrust REIT ( CTRE ) reported Q4 normalized funds from operations late Wednesday of $0.40 per diluted share, compared with $0.36 a year earlier.

Analysts polled by FactSet expected $0.40.

Revenue for the quarter ended Dec. 31 was $86.9 million, compared with $59.7 million a year earlier.

Analysts polled by FactSet expected $60.5 million.

For 2025, the company is projecting normalized FFO of $1.68 to $1.72. Analysts polled by FactSet are looking for $1.78.

Shares of the company rose 4.1% in after-hours activity.

Price: 26.63, Change: +1.05, Percent Change: +4.10

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