Omega Healthcare Investors Inc. (OHI) Tuesday said first-quarter funds from operations, or FFO, increased to $70.1 million or $0.62 per share from $48.2 million or $0.46 per share in the same period last year.
Adjusted FFO for the quarter was $71.7 million or $0.63 per share. On average, nine analysts polled by Thomson Reuters expected FFO of $0.60 per share for the quarter. Analysts' estimates typically exclude special items.
Net income available to common stockholders increased to $38.1 million or $0.34 per share from $26.1 million or $0.25 per share last year.
Revenues totaled $101.8 million, up from $84.5 million last year. Analysts expecetd revenues of $96.33 million.
For the fiscal year 2013, the company has confirmed its adjusted FFO outlook range of $2.45 to $2.50 per share. Analysts currently expect full-year FFO of 2.45 per share.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.