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CareTrust REIT Beats Wall Street Estimates for Q3

Associated Press +3 · ·by G4L

CTRE
CTRE CareTrust REIT Inc
$38.86 +1.70%
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  1. 1CareTrust REIT Inc. reported $127,000,000 in funds from operations for the third quarter.
  2. 2CareTrust REIT Inc. recorded a net income of $83,700,000 in the third quarter.
  3. 3CareTrust REIT Inc. expects annual funds from operations (FFO) to be between $2.08 and $2.09 per share.

So what's the key point?

CareTrust REIT Inc. earned more money in the third quarter than experts expected. The company reported $127,000,000 in funds from operations, resulting in a strong performance.

Source Associated Press +3 · View original ↗

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