💨 Abstract

CareTrust REIT Inc. reported first-quarter results with lower funds from operations than expected, falling short of Wall Street predictions. Based in San Clemente, California, the health care real estate investment trust reported funds from operations of $77.8 million, or 42 cents per share, compared to the estimated 43 cents per share by analysts. The company also announced that it expects full-year funds from operations to range between $1.69

Courtesy: wtop.com

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