CareTrust REIT, Inc. (NASDAQ:CTRE) headquartered in San Clemente, will host a conference call for the investment community to discuss the 2Q20 financial results on 7th August 2020 at 1:00 PM Eastern Time.
The financial results for the quarter are released after the U.S. market close on Thursday 6th August 2020
The conference call will also be webcast live under the investor relations section of the website www.caretrustreit.com
Quarterly Results
CareTrust REIT, Inc. unveiled income for the second quarter of $ 0.34 per share, from the revenue of $ 44.17 million. The quarterly earnings down 2.86 percent while revenues down 4.39 percent compared with the same quarter last year.
Wall street analysts are predicting, CTRE to report 2Q20 income of $ 0.19 per share from revenue of $ 42.30 million. The bottom line results beat street analysts by $ 0.15 or 78.95 percent, at the same time, top line results outshined analysts by $ 1.87 million or 4.42 percent.
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition and leasing of seniors housing and healthcare-related properties. With 212 net-leased healthcare properties and three operated seniors housing properties in 28 states, CareTrust is pursuing opportunities across the nation to acquire properties that will be leased to a diverse group of local, regional and national seniors housing operators, healthcare services providers, and other healthcare-related businesses.
