NasdaqGS:SBRAHealth Care REITs
Sabra Health Care REIT (SBRA) Stock Holds Steady As Loan Losses Cloud Cash Gains
Sabra Health Care REIT stock barely budged after earnings, up just 0.2% to around $20.66, which indicates the market did not see a shock in the headline numbers. The real story sits in the cash engine that matters for any real estate investment trust. Normalized funds from operations per share landed at $0.38, and adjusted funds from operations came in at $0.40, both supported by stronger cash net operating income.
For a stock that has drifted over the past week, this quarter was about...