Omega Healthcare Investors Q3 FFO Up - Quick Facts

(RTTNews) - Omega Healthcare Investors Inc. (OHI) Thursday said third-quarter funds from operations, or FFO, increased to $70.3 million or $0.59 per share from $56.7 million or $0.52 per share in the same period last year.

Adjusted FFO for the quarter was $74.2 million or $0.63 per share. On average, eight analysts polled by Thomson Reuters expected the company to report FFO of $0.62 per share for the quarter. Analysts' estimates typically exclude special items.

Net income available to common stockholders increased to $38.1 million or $0.32 per share from $30.1 million or $0.27 per share last year.

Operating revenues totaled $103.3 million, up from $87.1 million last year. Analysts expected revenues of $94.12 million.

For the fiscal year 2013, the company has affirmed its adjusted FFO guidance range of $2.48 to $2.51 per share. Analysts currently expect full-year FFO of $2.52 per share.