CORRECTION: CareTrust REIT Q2 Normalized FFO $0.51 Beats $0.50 Estimate, Sales $161.348M Beat $126.091M Estimate
CareTrust REIT (NASDAQ:CTRE) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.50 by 2 percent. This is a 18.6 percent increase over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $161.348 million which beat the analyst consensus estimate of $126.091 million by 27.96 percent. This is a 43.46 percent increase over sales of $112.469 million the same period last year.
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