Omega Healthcare Investors, Inc. (NYSE:OHI) is set to announce third quarter earning results on Thursday 29th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, OHI to report 3Q20 income of $ 0.38 per share from revenue of $ 252.34 million.
For the full year, analysts anticipate top line of $ 1013.94 million, while looking forward to income of $ 1.34 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 3.12 ~ $ 3.20 per share
Click Here For More Historical Outlooks Of Omega Healthcare Investors, Inc.
Previous Quarter Performance
Omega Healthcare Investors, Inc. revealed income for the second quarter of $ 0.81 per share, from the revenue of $ 256.39 million. Wall street analysts are predicting revenue of $ 247.13 million The top line results outshined analysts by $ 9.26 million or 3.75 percent.
Stock Performance
Shares of Omega Healthcare Investors, Inc. traded low $ -0.75 or -2.51 percent on Wednesday, reaching $ 29.12 with volume of 1.95 million shares. Omega Healthcare Investors, Inc. has traded high as $ 29.88 and has cracked $ 28.74 on the downward trend
According to the previous trading day, closing price of $ 29.12, representing a 124.08 % increase from the 52 week low of $ 13.33 and a 33.95 % decrease over the 52 week high of $ 45.22.
The company has a market capital of $ 6.61 billion and is part of the Real Estate sector and REIT – Healthcare Facilities industry.
Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK.
