Omega Healthcare Investors Earnings: Here’s Why the Stock is Down Now

Omega Healthcare Investors Inc. (NYSE:OHI) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.06%.

Omega Healthcare Investors Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 16.98% to $0.62 in the quarter versus EPS of $0.53 in the year-earlier quarter.

Revenue: Rose 19.5% to $102.52 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Omega Healthcare Investors Inc. reported adjusted EPS income of $0.62 per share. By that measure, the company beat the mean analyst estimate of $0.61. It beat the average revenue estimate of $99.11 million.

Key Stats (on next page)…

EPS were the same at $0.62 as the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.62 and has not changed. For the current year, the average estimate has moved up from a profit of $2.45 to a profit of $2.48 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)