NYSE:CTREHealth Care REITs
CareTrust REIT (NYSE:CTRE) Raises 2025 Earnings Guidance Following Care REIT plc Acquisition
CareTrust REIT (NYSE:CTRE) recently raised its earnings guidance for 2025, factoring in the acquisition of Care REIT plc, projecting a net income of $1.42 to $1.45 per share. This, combined with a robust Q1 2025 earnings report showing significant year-over-year revenue growth, likely influenced its 13% share price increase last quarter. Additionally, the company's dividend increase and strategic acquisitions in the U.S. supported positive market sentiment. Broader market trends, such as the...