Omega Healthcare Q4 2021 Earnings Report
Key Takeaways
Omega Healthcare Investors, Inc. reported a net income of $34.2 million, or $0.14 per common share, for the quarter ended December 31, 2021. Revenues for the quarter totaled $249.9 million. Portfolio occupancy growth stalled due to a stretched labor market and the Omicron variant, impacting operator profitability.
Net income for the quarter was $34.2 million, or $0.14 per common share.
Nareit FFO for the quarter was $123.5 million, or $0.50 per common share.
Adjusted FFO was $190.4 million, or $0.77 per common share.
Funds Available for Distribution (FAD) totaled $178.8 million.
Omega Healthcare
Omega Healthcare
Omega Healthcare Revenue by Segment
Omega Healthcare Revenue by Geographic Location
Forward Guidance
Due to continued uncertainty related to the pandemic, the impact on the financial performance of operators, and the extent of future government support, the Company will not be providing 2022 earnings guidance.