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
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