Caretrust Inc Earnings miss, Revenue beats In Q3

  • Investing.com
Caretrust Inc Earnings miss, Revenue beats In Q3

Investing.com - Caretrust Inc reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Caretrust Inc announced earnings per share of $0.01 on revenue of $50.29M. Analysts polled by Investing.com anticipated EPS of $0.25 on revenue of $48.49M.

Caretrust Inc shares are down 16% from the beginning of the year and are trading at $18.88 , down-from-52-week-high.

Caretrust Inc follows other major Real Estate sector earnings this month

Caretrust Inc's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.15B, compared to forecasts EPS of $1.34 on revenue of $1.2B.

American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.

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