Sabra Health Care REIT Q1 2020 Earnings Report
Key Takeaways
Sabra Health Care REIT reported a net income attributable to common stockholders of $35.2 million, or $0.17 per diluted common share, for the first quarter of 2020. The company acquired senior housing communities, sold skilled nursing facilities, and addressed the challenges posed by the COVID-19 pandemic, including withdrawing its 2020 earnings guidance.
Net income attributable to common stockholders was $0.17 per diluted common share.
Acquired two Senior Housing - Leased communities and one Senior Housing - Managed community for $83.4 million.
Completed the sale of three Skilled Nursing/Transitional Care facilities for $6.8 million.
Withdrew previously provided 2020 earnings guidance due to COVID-19 uncertainty.
Sabra Health Care REIT
Sabra Health Care REIT
Sabra Health Care REIT Revenue by Segment
Sabra Health Care REIT Revenue by Geographic Location
Forward Guidance
Due to the uncertainty surrounding the ultimate impact of the COVID-19 pandemic on our operators and business, we are withdrawing our previously provided 2020 earnings guidance in its entirety.
Revenue & Expenses
Visualization of income flow from segment revenue to net income