CareTrust REIT (CTRE) Q2 FFO Match Estimates

CareTrust REIT (CTRE) came out with quarterly funds from operations (FFO) of $0.36 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$0.35 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this health care real estate investment trust would post FFO of $0.37 per share when it actually produced FFO of$0.35, delivering a surprise of -5.41%. Over the last four quarters, the company has not been able to surpass consensus FF ...