CareTrust REIT (CTRE) Q3 FFO Lag Estimates

CareTrust REIT (CTRE) came out with quarterly funds from operations (FFO) of $0.45 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to FFO of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -4.26%. A quarter ago, it was expected that this health care real estate investment trust would post FFO of $0.45 per share when it actually produced FFO of $0.43, delivering a surprise of -4.44%.Over the l ...