05:07 PM EDT, 10/31/2024 (MT Newswires) -- Sabra Health Care REIT ( SBRA ) reported Q3 normalized adjusted funds from operations late Thursday of $0.37 per diluted share, up from $0.34 a year earlier.

Analysts polled by Capital IQ expected $0.36.

Revenue for the quarter ended Sept. 30 was $178 million, up from $161.6 million a year earlier. Analysts polled by Capital IQ expected $175.2 million.

For 2024, the company expects normalized AFFO of $1.43 to $1.44 per share compared to the previous guidance of $1.41 to $1.44. Analysts polled by Capital IQ are expecting $1.42.

The company kept quarterly cash dividend at $0.30 per share. The dividend is payable on Nov. 29 to shareholders on Nov. 15.

Price: 18.63, Change: +0.04, Percent Change: +0.22