Omega Healthcare Investors Third Quarter 2022 Earnings: EPS Beats Expectations, Revenues Lag
Omega Healthcare Investors (NYSE:OHI) Third Quarter 2022 Results
Key Financial Results
Revenue: US$239.4m (down 15% from 3Q 2021).
Funds from operations (FFO): US$159.1m (down 12% from 3Q 2021).
FFO margin: 67% (up from 64% in 3Q 2021).
FFO per share: US$0.7 (down from US$0.77 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Omega Healthcare Investors EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) exceeded analyst estimates by 11%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 6.8% growth forecast for the REITs industry in the US.
Performance of the American REITs industry.
The company's shares are up 2.8% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for Omega Healthcare Investors (2 shouldn't be ignored!) that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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