Sabra Health Care REIT's Earnings Outlook

Sabra Health Care REIT SBRA is set to give its latest quarterly earnings report on Monday, 2023-11-06. Here's what investors need to know before the announcement.

Analysts estimate that Sabra Health Care REIT will report an earnings per share (EPS) of $0.34.

Sabra Health Care REIT bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Sabra Health Care REIT's past performance and the resulting price change:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate
EPS Actual 0.33 0.34 0.37 0.36
Price Change % -0.08% -2.12% -1.81% -13.32%

Stock Performance

Shares of Sabra Health Care REIT were trading at $14.23 as of November 02. Over the last 52-week period, shares are up 0.36%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Sabra Health Care REIT visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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