CareTrust REIT (CTRE) Reports In-Line Q2 EPS

CareTrust REIT (NASDAQ: CTRE) reported Q2 EPS of $0.17, in-line with the analyst estimate of $0.17.

• Net income of $13.3 million, and net income per diluted weighted-average common share of $0.17;
• Normalized FFO of $24.5 million, an increase of 19%, and normalized FFO per diluted weighted-average common share of $0.32, an increase of 14% over Q2 2017;
• Normalized FAD of $25.6 million, an increase of 18%, and normalized FAD per diluted weighted-average common share of $0.33, an increase of 10% over Q2 2017;
• A net debt-to-normalized EBITDA ratio of 4.1x and a debt-to-enterprise value of 29%, each as of quarter-end.

For earnings history and earnings-related data on CareTrust REIT (CTRE) click here.

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