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Sabra Health Care REIT Q1 Adjusted Funds From Operations, Revenue Rise
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Sabra Health Care REIT Q1 Adjusted Funds From Operations, Revenue Rise
May 9, 2024 2:38 AM

05:03 AM EDT, 05/09/2024 (MT Newswires) -- Sabra Health Care REIT ( SBRA ) reported late Wednesday Q1 adjusted funds from operations of $0.35 per diluted share, up from $0.34 a year earlier.

Analysts polled by Capital IQ expected $0.34.

Revenue for the quarter ended March 31 was $166.7 million, up from $161.3 million a year earlier. Analysts polled by Capital IQ expected $163.8 million.

For 2024, the company continues to expect AFFO of $1.38 to $1.42 per share. Analysts polled by Capital IQ are expecting $1.38.

Price: 14.73, Change: -0.14, Percent Change: -0.94

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