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Mar 31, 2020
Omega Healthcare Q1 2020 Earnings Report
Reported strong first quarter results and enhanced balance sheet amidst COVID-19 uncertainties.
Key Takeaways
Omega Healthcare Investors reported a net income of $92.3 million, or $0.39 per common share, and revenues of $253.0 million for the quarter ended March 31, 2020. The company also highlighted its efforts to support operators during the COVID-19 pandemic.
Reported net income of $92.3 million, or $0.39 per common share.
NAREIT FFO was $181.0 million, or $0.77 per common share.
Adjusted FFO was $186.2 million, or $0.79 per common share.
Completed $19 million of new investments and invested $39 million in capital renovation and construction-in-progress projects.
Omega Healthcare
Omega Healthcare
Omega Healthcare Revenue by Segment
Omega Healthcare Revenue by Geographic Location
Forward Guidance
Due to the uncertainty caused by the COVID-19 pandemic, Omega Healthcare Investors withdrew its 2020 earnings guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income