For almost as long as there has been a Buena Vista Care Center in Santa Barbara, CA, Miguel Pulido has been there making sure the residents of the nursing home are fed and happy.
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CareTrust REIT Announces First Quarter 2021 Operating Results
Conference Call Scheduled for Friday, May 7, 2021 at 12:00 pm ET
May 06, 2021 16:12 ET | Source: CareTrust REIT, Inc. CareTrust REIT, Inc. San Clemente, California, UNITED STATES
SAN CLEMENTE, Calif., May 06, 2021 (GLOBE NEWSWIRE) CareTrust REIT, Inc. (Nasdaq:CTRE) today reported operating results for the quarter ended March 31, 2021, as well as other recent events.
For the quarter, CareTrust REIT reported:
100% of contractual rents collected;
Net income of $20.5 million and net income per share of $0.21, a 5.0% increase over the prior year;
Normalized FFO of $34.1 million and normalized FFO per share of $0.36, a 5.5% increase over the prior year;
Normalized FAD of $36.1 million and normalized FAD per share of $0.38, a 7.4% increase over the prior year;