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Jun 30, 2023
Sabra Health Care REIT Q2 2023 Earnings Report
Sabra Health Care REIT's performance in Q2 2023 reflected a strengthening portfolio driven by occupancy gains and easing labor pressures, alongside encouraging reimbursement trends.
Key Takeaways
Sabra Health Care REIT reported a net income of $0.09 per diluted common share for Q2 2023. The company's portfolio is strengthening due to occupancy gains and easing labor pressures.
Net Income was $0.09 per share.
FFO was $0.32 per share.
Normalized FFO was $0.33 per share.
AFFO was $0.33 per share.
Sabra Health Care REIT
Sabra Health Care REIT
Sabra Health Care REIT Revenue by Segment
Forward Guidance
Sabra's portfolio is expected to continue strengthening as occupancy gains and easing labor pressures drive improved rent coverages. Reimbursement trends also remain encouraging, highlighted by Medicaid rate increases.
Revenue & Expenses
Visualization of income flow from segment revenue to net income