Omega Healthcare Buyers (OHI) reported $243.3 million in income for the quarter ended March 2024, representing a year-over-year enhance of 11.5%. EPS of $0.68 for a similar interval compares to $0.15 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $239.93 million, representing a shock of +1.40%. The corporate delivered an EPS shock of +4.62%, with the consensus EPS estimate being $0.65.
Whereas traders carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s worth efficiency.
Right here is how Omega Healthcare Buyers carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Revenues- Actual property tax and floor lease revenue: $3.72 million versus the two-analyst common estimate of $3.29 million.
- Curiosity revenue: $35.84 million versus the two-analyst common estimate of $32.37 million.
- Revenues- Rental revenue: $203.20 million in comparison with the $205.15 million common estimate based mostly on two analysts. The reported quantity represents a change of +9.8% yr over yr.
- Diluted- Web revenue (loss): $0.27 in comparison with the $0.31 common estimate based mostly on three analysts.
View all Key Company Metrics for Omega Healthcare Investors here>>>
Shares of Omega Healthcare Buyers have returned +0.2% over the previous month versus the Zacks S&P 500 composite’s -2.7% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.
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Omega Healthcare Investors, Inc. (OHI) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
