Published on 7 May 2024 on GuruFocus.com via Yahoo Finance
National Health Investors Inc (NHI) Reports Q1 2024 Earnings: A Close Look at Performance and ...
Earnings Per Share: Reported at $0.71, slightly above the estimated $0.68.Net Income: Totalled $30.9 million, exceeding the estimated $29.23 million.Revenue: Reached $81.5 million, surpassing the estimated $76.85 million.Normalized FFO per Share: Reported at $1.12, maintaining a stable performance compared to the previous year's $1.11.Net Operating Income (NOI): Posted at $68.5 million, a slight decrease from the previous year's $70.0 million.Guidance Update: Raised annual guidance for NAREIT FFO per diluted share to a range of $4.36-$4.41, up from the previous range of $4.31-$4.37.Portfolio Activity: Funded $15.0 million on a mortgage loan and completed the sale of two properties, generating net cash proceeds of approximately $4.6 million.
Warning! GuruFocus has detected 4 Warning Sign with NHI.