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, still down 19.97% from its 52 week high of $23.59 set on January 4.
Caretrust Inc follows other major Real Estate sector earnings this month
Caretrust Inc's report follows an earnings beat by Prologis on October 19, 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 October 27 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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