Omega Healthcare Investors Reports Q1 Earnings with Narrowed Guidance and Asset Sales
Omega Healthcare Investors (OHI) reported first-quarter results showing Adjusted FFO of $0.82 per share, revenue of $323 million, and narrowed full-year guidance to a range of $3.19–$3.25 in AFFO. The company is selling 18 CommuniCare assets for $480 million and plans to reinvest proceeds at yields between low-to-mid-9% to low-10%, adding about $0.03 annually per share.
Tickers: $OHI
Topics: asset_sales dividend_policy healthcare_investments real_estate