Omega Healthcare Investors, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Omega Healthcare Investors, Inc. OHI.N reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of five analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 44 cents to 50 cents per share.

• Revenue rose 9.3% to $340.55 million from a year ago; analysts expected $297.02 million.

• Omega Healthcare Investors, Inc.'s reported EPS for the quarter was 27 cents​.

• The company reported quarterly net income of $83.09 million.

• Omega Healthcare Investors, Inc. shares had risen by 1.5% this quarter and gained 6.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy."

• Wall Street's median 12-month price target for Omega Healthcare Investors, Inc. is $52.00, about 8.6% above its last closing price of $47.53

This summary was machine generated from LSEG data November 3 at 11:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)