CareTrust REIT (CTRE) reported $96.62 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 53.2%. EPS of $0.42 for the same period compares to $0.22 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $96.85 million, representing a surprise of -0.24%. The company delivered an EPS surprise of -2.33%, with the consensus EPS estimate being $0.43.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how CareTrust REIT performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Rental income: $71.65 million versus $68.40 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +33.9% change.
- Interest income from other real estate related investments and other income: $22.17 million versus the two-analyst average estimate of $22.35 million. The reported number represents a year-over-year change of +131.7%.
- Net Earnings Per Share (Diluted): $0.35 versus $0.36 estimated by two analysts on average.
View all Key Company Metrics for CareTrust REIT here>>>
Shares of CareTrust REIT have returned +2.5% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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CareTrust REIT, Inc. (CTRE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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