CareTrust REIT (CTRE) Q2 Revenue Up 63%

CareTrust REIT (NYSE:CTRE), a real estate investment trust focused on healthcare properties, released its latest earnings results on August 6, 2025, for Q2 FY2025. The company reported GAAP revenue of $112.469 million, significantly surpassing the analyst consensus of $80.4 million (GAAP) revenue. Normalized funds from operations (FFO) per share reached $0.43, well above the $0.34 non-GAAP estimate. These results reflect both substantial growth over the prior year and a sizable beat versus expectations, with non-GAAP EPS of $0.43 exceeding the analyst estimate of $0.34 and GAAP revenue of $112.469 million surpassing the analyst estimate of $80.395 million. CareTrust also completed the acquisition of Care REIT plc, marking its entry into the U.K. market. This quarter stood out for notable portfolio expansion, robust rent collections, and higher dividend payouts, though expense growth was also prominent. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. CareTrust REIT operates as a healthcare-focused real estate investment trust. It primarily acquires and leases out skilled nursing facilities, senior living centers, and diversified healthcare properties. Most of its income comes from long-term triple-net leases, a structure where tenants pay rent and also cover nearly all property expenses including taxes, insurance, and maintenance.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool