Sabra Healthcare REIT, Inc. (SBRA) Misses Q2 FFO by 55c

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Go back to Sabra Healthcare REIT, Inc. (SBRA) Misses Q2 FFO by 55c

Sabra Reports Second Quarter 2014 Results; Reports Increases in Normalized FFO and Normalized AFFO Per Share of 39% and 29%, Respectively, Over Second Quarter 2013; Announces Over $500.0 Million of Co

July 30, 2014 4:30 PM EDT

IRVINE, Calif., July 30, 2014 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we") (Nasdaq: SBRA) today announced results of operations for the second quarter of 2014 and over $500.0 million of commitments for new unsecured revolving credit facility.

RECENT HIGHLIGHTS

For the second quarter of 2014, Normalized FFO, Normalized AFFO and net income (loss) attributable to common stockholders per diluted common share were $0.57, $0.53 and $0.28, respectively, compared to $0.41, $0.41 and $(0.09), respectively, for the second quarter of 2013.   During the second quarter of 2014, revenues increased 33% over the same period in 2013, from $32.3 million to $43.0... More