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

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

Strawberry Fields REIT Stock Performance

STRW stock traded down $0.03 during trading on Thursday, hitting $12.65. 17,449 shares of the company traded hands, compared to its average volume of 26,890. The company has a 50-day moving average of $13.10 and a 200-day moving average of $12.28. The firm has a market capitalization of $165.97 million, a PE ratio of 20.40 and a beta of 0.36. Strawberry Fields REIT has a 1 year low of $8.70 and a 1 year high of $14.00.

Strawberry Fields REIT Company Profile

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.