Exhibit 99.2 First Quarter 2023 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, operating and financial performance, exp ...

CareTrust REIT, Inc. (NYSE:CTRE) Q1 2023 Earnings Conference Call May 11, 2023 1:00 PM ET Company Participants Lauren Beale - Investor Relations Dave Sedgwick - President and Chief Executive Officer Bill Wagner - Chief Financial Officer James Callister - Chief Investment Officer Conference Call Participants Steven Valiquette - Barclays Jonathan Hughes - Raymond James Austin Wurschmidt - KeyBanc Michael Carroll - RBC Capital Markets Tayo Okusanya - Credit Suisse Operator Good day. My name is Emma and I will ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36181 CareTrust REIT, Inc. (949) 542-3130 (Registrant's telephone number, including area code) Securities reg ...

CareTrust REIT, Inc. (NYSE:CTRE) Q4 2022 Earnings Conference Call February 10, 2023 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 Austin Wurschmidt - KeyBanc Capital Markets Steven Valiquette - Barclays Michael Carroll - RBC Capital Markets Juan Sanabria - BMO Capital Markets A ...

Exhibit 99.2 Fourth Quarter 2022 Financial Supplement 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, operat ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 001-36181 CareTrust REIT, Inc. (Exact name of registrant as specified in its charter) (State or other juris ...

Exhibit 99.2 Financial Supplement Third Quarter 2022 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 our intent, belief or expectations, including, but not limited to, statements regarding future financial and financing plans, business and acquisition strategies, growth prospects, operating and financ ...

CareTrust REIT, Inc. (NYSE:CTRE) Q3 2022 Earnings Conference Call November 9, 2022 1:00 PM ET Company Participants Lauren Beale - Senior Vice President and Controller Dave Sedgwick - President and Chief Executive Officer Mark Lamb - Chief Investment Officer James Callister - Executive Vice President Conference Call Participants Jonathan Hughes - Raymond James Juan Sanabria - BMO Capital Markets Dave Rodgers - Baird Michael Carroll - RBC Capital Markets Steven Valiquette - Barclays Austin Wurschmidt - KeyBan ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36181 CareTrust REIT, Inc. (Exact name of registrant as specified in its charter) Maryland 46-3999490 (St ...

Financial Data and Key Metrics Changes - Normalized FFO slightly decreased by 0.7% over the prior quarter to $35.6 million, while normalized FAD decreased by 1.7% to $37.5 million [25] - Rental income for the quarter was $46.8 million, an increase from $46 million in Q1, attributed to a decrease in cash rents offset by new investments and CPI bumps [26] - Cash collections for the quarter were 93.9% of contractual rent, which included the application of $900,000 in security deposits; without these deposits, collections were 92.1% [27][28] Business Line Data and Key Metrics Changes - Average quarterly occupancy for skilled nursing operators grew by 1.4% (98 basis points) over Q1, while occupancy for seniors housing grew by 2.8% (215 basis points) [13] - The company reported 94% of rent collected in the quarter with cash deposits, and 94% exclusive of cash deposits for July [13] Market Data and Key Metrics Changes - The regulatory environment showed improvement with a final market basket adjustment from CMS at 2.7% and a recalibration of PDPM over two years instead of all at once [14] - The acquisition disposition market for skilled nursing and seniors housing facilities has been changing, with lenders tightening or pulling back on lending due to recession concerns [15] Company Strategy and Development Direction - The company is focused on derisking its portfolio through dispositions and re-tenanting, aiming to close most of this work by Q4 [10][17] - The investment strategy is adapting to a changing market, with expectations that pricing will moderate and sellers will prefer buyers like CareTrust that offer certainty [11][20] Management's Comments on Operating Environment and Future Outlook - Management noted that the current macro environment presents both challenges and opportunities, with skilled nursing historically benefiting during recessionary periods [12] - The company is optimistic about the future, expecting to complete most of its disposition work by year-end and seeing evidence of improved operator performance [32][36] Other Important Information - The company closed on a $75 million C piece loan secured by skilled nursing facilities at a rate of 8.4% and a term of five years, along with a $25 million mezzanine loan at 11% for 10 years [19] - Liquidity remains strong with approximately $16 million in cash and $385 million available under the revolver, with a net debt to normalized EBITDA ratio of 4.3 times [28] Q&A Session Summary Question: Clarification on re-tenanting and asset sales - Management indicated that the decision to re-tenant or sell assets is fluid, with some operators showing improved performance, making re-tenanting more attractive [31] Question: Impact of dilution on long-term decisions - Management emphasized a preference for dispositions over re-tenanting to ensure long-term financial strength, despite potential short-term dilution [36] Question: Cap rates and coverage levels in the transaction market - Management noted that cap rates are not moving quickly due to tightening lending standards, but there is a shift towards valuing transactional acumen [39] Question: Originating more loans versus acquisitions - Management stated that traditional acquisitions remain a priority, but lending has been a valuable avenue for investment in the absence of traditional opportunities [46] Question: Wage growth in the seniors housing and SNF space - Management observed that while wages peaked earlier in the year, there are signs of moderation, with increased job applications and decreased agency usage [53] Question: Revenue impact from sales and re-tenanting - Management indicated that more clarity on revenue impacts will be provided in the next call, as the restructuring process is still ongoing [56]