36.67
price up icon0.05%   0.02
pre-market  Pre-market:  36.75   0.08   +0.22%
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Why is Omega Healthcare Investors Inc (OHI) Stock down?

03 Nov, 2023:

Omega Healthcare Investors Stock (OHI) dropped by 6.55% from $33.73 to $31.52 in the trading on Friday November 3, 2023. The reason why OHI stock down today is due to the third-quarter 2023 earnings. Q3 earnings and revenue declined from the previous quarter, but still came in better than expected on interest income and some unexpected rent payments.

  • Revenue of $242.0M, vs. the $210.3M consensus, declined from $250.2M in the previous quarter and increased from $239.4M a year ago.
  • Adjusted FFO per share of $0.71, topping the $0.70 consensus estimate, fell from $0.74 in Q2 and $0.76 in Q3 2022.
  • Q3 expenses rose to $194.5M from $201.4M in Q2 and $177.7M in Q3 2022.
reit_healthcare_facilities DOC
$17.88
price up icon 2.11%
reit_healthcare_facilities AHR
$36.22
price down icon 1.42%
$30.46
price down icon 0.46%
reit_healthcare_facilities HR
$15.81
price down icon 0.32%
$18.30
price down icon 0.76%
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