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CareTrust REIT Q3 2024 Earnings Report

CareTrust REIT logo
$24.90 -0.73 (-2.83%)
As of 02/21/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

CareTrust REIT EPS Results

Actual EPS
$0.21
Consensus EPS
$0.29
Beat/Miss
Missed by -$0.08
One Year Ago EPS
$0.35

CareTrust REIT Revenue Results

Actual Revenue
$77.38 million
Expected Revenue
$74.12 million
Beat/Miss
Beat by +$3.26 million
YoY Revenue Growth
N/A

CareTrust REIT Announcement Details

Quarter
Q3 2024
Time
After Market Closes

Conference Call Resources

CareTrust REIT Earnings Headlines

CareTrust REIT price target lowered to $32 from $37 at RBC Capital
Wedbush Brokers Reduce Earnings Estimates for CareTrust REIT
Warning: China Launches AI Attack on America
If you have any money in AI stocks, pay attention because... According to Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... Before April 30th, President Trump could make a shocking AI announcement...
CareTrust REIT price target lowered to $33 from $34 at KeyBanc
KeyBanc Keeps Their Buy Rating on CareTrust REIT (CTRE)
See More CareTrust REIT Headlines
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About CareTrust REIT

CareTrust REIT (NASDAQ:CTRE)'s (CareTrust REIT or the Company) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of March 31, 2024, the Company owned directly or through a joint venture and leased to independent operators, 228 skilled nursing facilities (SNFs), multi-service campuses, assisted living facilities (ALFs) and independent living facilities (ILFs) consisting of 24,189 operational beds and units located in 29 states with the highest concentration of properties by rental income located in California and Texas. As of March 31, 2024, the Company also had other real estate related investments consisting of one preferred equity investment, nine real estate secured loans receivable and four mezzanine loans receivable with a carrying value of $233.3 million.

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