CareTrust REIT (CTRE) Misses Q1 FFO and Revenue Estimates

CareTrust REIT (CTRE) came out with quarterly funds from operations (FFO) of $0.42 per share, missing the Zacks Consensus Estimate of$0.43 per share. This compares to FFO of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -2.33$0.40 per share when it actually produced FFO of $0.40, delivering no surprise.Over the last four ...