Strawberry Fields REIT (NYSEAMERICAN:STRW) Issues Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Strawberry Fields REIT (NYSEAMERICAN:STRW) posted its quarterly earnings data on Thursday. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.18), FiscalAI reports. The business had revenue of $39.71 million for the quarter, compared to the consensus estimate of $38.41 million. Strawberry Fields REIT had a net margin of 4.40% and a return on equity of 8.14%.

Strawberry Fields REIT Stock Down 0.6%

NYSEAMERICAN:STRW traded down $0.07 during trading hours on Thursday, hitting $11.55. 25,280 shares of the company’s stock traded hands, compared to its average volume of 30,871. The firm has a market cap of $150.03 million, a P/E ratio of 1.78, a P/E/G ratio of 1.08 and a beta of 0.40. Strawberry Fields REIT has a 52 week low of $8.70 and a 52 week high of $12.84. The business’s fifty day simple moving average is $11.87 and its two-hundred day simple moving average is $11.03.

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.