Omega Healthcare Investors: Q3 Earnings Glimpse

November 08, 2022 : Omega Healthcare Investors Inc. (OHI) registered a key element of profitability in its third quarter. The results skipped Wall Street supposition.

Maryland-based real estate investment trust, The Hunt Valley, declared it had funds from working of $184.6 MN, or 76 cents per share, in the course.

The moderate estimate of six analysts examined by Zacks Investment Research was for reserves from operations of 77 cents per share.

Budgets from operations are a closely watched measure in the REIT endeavor. It takes net income and amplifies back items such as devaluation and amortization.

The company expressed it had a net revenue of $102.3 MN, or 43 cents per share.

The healthcare real estate investment trust, based in Hunt Valley, Maryland, published revenue of $239.4 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks anticipated $249.8 million.