What's Next: Sabra Health Care REIT's Earnings Preview

Sabra Health Care REIT (NASDAQ:SBRA) is preparing to release its quarterly earnings on Thursday, 2024-10-31. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Sabra Health Care REIT to report an earnings per share (EPS) of $0.35.

The market awaits Sabra Health Care REIT's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

In the previous earnings release, the company missed EPS by $0.00, leading to a 1.2% drop in the share price the following trading session.

Here's a look at Sabra Health Care REIT's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.35

0.33

EPS Actual

0.35

0.35

0.32

0.33

Price Change %

-1.0%

-3.0%

-0.0%

-0.0%

Analyst Insights on Sabra Health Care REIT

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Sabra Health Care REIT.

Sabra Health Care REIT has received a total of 5 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of $18.6, the consensus suggests a potential 3.48% downside.

Peer Ratings Overview

The below comparison of the analyst ratings and average 1-year price targets of ...