Sabra Reports Q1 Revenue of $221.8M, Exceeds Consensus
Reports Q1 revenue $221.8M, consensus $216.4M. Commenting on the first quarter's results, Rick Matros, CEO and Chair, said, "Sabra is pleased to report another quarter with outstanding results. Our year-over-year same-store managed senior housing NOI growth exceeded the two previous quarters as we saw NOI margin growth in our consolidated, unconsolidated and same-store portfolios. Our pipeline remains robust as we closed or have been awarded over $400 million in investments to date, closing in on our investment total for all of 2025. We are also executing on off-market skilled nursing deals with existing operators. Our rent coverage for all triple net asset classes hit new highs, and we are reiterating our full-year guidance.
