Omega Healthcare Investors Inc <OHI>: Profits of 43  cents announced for third quarter

By - Reuters

2 November 2022 10:29 p.m. ​All figures in US dollars. The profits announced by Omega Healthcare Investors Inc in the third quarter were higher than the Refinitiv mean estimate of profits. The company reported profits of 43 cents per share, 15 cents lower than the same quarter last year when the company reported EPS of 58 cents. Profits of 37 cents per share were anticipated by the four analysts providing estimates for the quarter. Wall Street expected results to range from 30 cents to 40 cents per share, with a forecasted mean of 37 cents per share. The company reported revenue of $239.43 million, which is lower than the estimated $247.15 million. RECOMMENDATIONS * The consensus recommendation for the company is "Hold". * The average consensus recommendation for the specialized reits peer group is also "Hold". FORECAST CHANGES * Eight analysts are currently providing Refinitiv with estimates. * In the last week there have been no positive earnings revisions and one analyst has revised an earnings estimate downward. There was a loss of one estimate. YEAR OVER YEAR * The company reported a fall in revenue to $239.43 million from $281.67 million in the same quarter last year.​ * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jun. 30 2022 0.73​ 0.76 Beat Mar. 31 2022 0.70 0.74 Beat Dec. 31 2021 0.81 0.77 Missed​ Sep. 30 2021 0.82 0.85 Beat This summary was machine generated from Refinitiv data November 2 at 10:29 p.m.