Analysts expect CareTrust REIT to report an earnings per share (EPS) of $0.38.
Investors in CareTrust REIT are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Overview of Past Earnings
The company's EPS missed by $0.00 in the last quarter, leading to a 0.81% increase in the share price on the following day.
Here's a look at CareTrust REIT's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.36
0.37
EPS Actual
0.36
0.35
0.36
0.35
Price Change %
1.0%
-1.0%
7.000000000000001%
3.0%
Analysts' Perspectives on CareTrust REIT
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on CareTrust REIT.
The consensus rating for CareTrust REIT is Outperform, based on 4 analyst ratings. With an average one-year price target of $33.25, there's a potential 7.5% upside.
Comparing Ratings with Peers
In this analysis, we delve into the analyst ratings and average 1-year price targets of Sabra Health Care REIT, American Healthcares and National Health Investors, three ...