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Sabra (SBRA) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
SabraSabra(US:SBRA) ZACKSยท2024-08-06 14:20

Group 1 - Analysts project that Sabra Healthcare (SBRA) will announce quarterly earnings of $0.35 per share, reflecting a year-over-year increase of 2.9% [1] - Revenues are expected to reach $171.51 million, which represents a 6.4% increase from the same quarter last year [1] - The consensus EPS estimate for the quarter has been adjusted upward by 0.4% over the past 30 days, indicating a reassessment by covering analysts [2] Group 2 - Key revenue metrics include 'Revenues- Interest and other income' projected at $8.93 million, a change of +5.5% year over year [5] - 'Revenues- Resident fees and services' are estimated at $68.36 million, suggesting a +17% change from the prior-year quarter [5] - 'Revenues- Rental and related revenues' are forecasted to reach $94.90 million, indicating a +0.7% change from the previous year [5] Group 3 - 'Depreciation and amortization' is projected to be $43.71 million, compared to $44.14 million reported in the same quarter last year [6] - Over the past month, Sabra shares have recorded returns of +4.6%, contrasting with the Zacks S&P 500 composite's -6.7% change [6] - Based on its Zacks Rank 2 (Buy), SBRA is expected to outperform the overall market in the upcoming period [6]