Strawberry Fields REIT (NYSEAMERICAN:STRW) Releases Quarterly Earnings Results, Misses Estimates By $0.17 EPS

Strawberry Fields REIT (NYSEAMERICAN:STRW) posted its quarterly earnings results on Thursday. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.17), FiscalAI reports. Strawberry Fields REIT had a return on equity of 9.37% and a net margin of 4.83%.The company had revenue of $40.10 million during the quarter, compared to analysts’ expectations of $40.30 million.

Strawberry Fields REIT Stock Performance

Shares of STRW traded down $0.03 on Thursday, hitting $12.65. 17,449 shares of the stock traded hands, compared to its average volume of 26,890. Strawberry Fields REIT has a one year low of $8.70 and a one year high of $14.00. The company has a market capitalization of $165.97 million, a PE ratio of 20.40 and a beta of 0.36. The business has a 50 day simple moving average of $13.10 and a 200 day simple moving average of $12.28.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas. The 109 healthcare facilities comprise 99 skilled nursing facilities, eight assisted living facilities, and two long-term acute care hospitals.