Wall Street analysts forecast that CareTrust REIT (CTRE) will report quarterly earnings of $0.40 per share in its upcoming release, pointing to a year-over-year increase of 11.1%. It is anticipated that revenues will amount to $84.07 million, exhibiting an increase of 40.8% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.B ...

Albert Anthony is the pen name / stage name of markets analyst, contributor & host of The Future Investor, on the global investor platform Seeking Alpha, where he has covered over +200 companies, provides general markets commentary, and rates stocks in multiple sectors, while having grown a fan base of over +1K followers since 2023. Going beyond the investor platform, he is also a hobby investor of his own home-based fund called The Future Investor Fund, and talks investor topics on his Future Investor Chan ...

A downtrend has been apparent in CareTrust REIT (CTRE) lately with too much selling pressure. The stock has declined 8.3% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for s ...

Since starting here on Seeking Alpha, I've pretty much been pounding the table telling investors CareTrust REIT (NYSE: CTRE ) was a buy. And this was due to their strong fundamentals and long growth runway.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence ...

CareTrust REIT (CTRE) has been beaten down lately with too much selling pressure. While the stock has lost 6.3% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that ...

I am bullish on CareTrust REIT (NYSE: CTRE ) and rate it a buy given its strong fundamentals and growth potential. The company has been exhibiting strong and consistent financial performanceI am an experienced financial analyst and a former writer for Fade The Market on Seeking Alpha, with a passion for numbers and a knack for unraveling complex financial data. Armed with a strong financial modeling and data analysis background, I thrive on providing accurate insights and recommendations to drive informed f ...

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CareTrust REIT, Inc. (NYSE:CTRE) Q3 2024 Earnings Conference Call October 30, 2024 1:00 PM ET Company Participants Lauren Beale - Senior Vice President and Controller Dave Sedgwick - President and Chief Executive Officer Bill Wagner - Chief Financial Officer James Callister - Chief Investment Officer Conference Call Participants Jonathan Hughes - Raymond James John Pinkowski - Wells Fargo Austin Wurschmidt - KeyBanc Capital Markets Michael Carroll - RBC Capital Markets Robin Haneland - BMO Capital Markets W ...

Financial Supplement 97 CARETRUST R E I T Third Quarter 2024 Disclaimers This supplement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical statements of fact and statements regarding the following: future financial and financing plans; strategies related to the Company's business and its portfolio, including acquisition opportunities and disposition plans; growth prospects, ...

For the quarter ended September 2024, CareTrust REIT (CTRE) reported revenue of $77.38 million, up 38.5% over the same period last year. EPS came in at $0.38, compared to $0.08 in the year-ago quarter. The reported revenue represents a surprise of +4.40% over the Zacks Consensus Estimate of $74.12 million. With the consensus EPS estimate being $0.38, the company has not delivered EPS surprise. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expect ...