CareTrust REIT (CTRE): Q4 FFO and Revenue Results

CareTrust REIT Inc. (CTRE) released Q4 results: Funds from operations of $104.1 million, or 47 cents per share, and net income of $111.3 million, or 50 cents per share. Revenue for the quarter was $134.9 million. For the year, FFO was $359.7 million, and revenue reached $476.4 million. The company expects full-year FFO of $1.90 to $1.95 per share. FFO is calculated by taking net income and adding back depreciation and amortization.