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CareTrust REIT, Inc. (CTRE) Q1 2026 Earnings Call Transcript
SA Transcripts · 2026-05-09 · via All Articles on Seeking Alpha

Q1: 2026-05-07 Earnings Summary

EPS of $0.36 misses by $0.00

 | 

Revenue of

$142.78M

(47.78% Y/Y)

beats by $8.92M

CareTrust REIT, Inc. (CTRE) Q1 2026 Earnings Call May 8, 2026 11:00 AM EDT

Company Participants

Lauren Beale - Senior VP & Chief Accounting Officer
David Sedgwick - CEO, President & Director
James Callister - Chief Investment Officer & Secretary
Derek Bunker - CFO & Treasurer

Conference Call Participants

Farrell Granath - BofA Securities, Research Division
Austin Wurschmidt - KeyBanc Capital Markets Inc., Research Division
Juan Sanabria - BMO Capital Markets Equity Research
Michael Carroll - RBC Capital Markets, Research Division
Justin Haasbeek - UBS Investment Bank, Research Division
Richard Anderson - Cantor Fitzgerald & Co., Research Division
Michael Stroyeck - Green Street Advisors, LLC, Research Division
Wesley Golladay - Robert W. Baird & Co. Incorporated, Research Division
Jyoti Yadav - Mizuho Securities USA LLC, Research Division

Presentation

Operator

Hello, everyone. Thank you for joining us, and welcome to the CareTrust First Quarter 2026 Earnings Conference Call. [Operator Instructions]

I will now hand the conference over to Lauren Beale, CareTrust's Chief Accounting Officer. Lauren, please go ahead.

Lauren Beale
Senior VP & Chief Accounting Officer

Thank you, and welcome to CareTrust REIT's First Quarter 2026 Earnings Call. We will make forward-looking statements today based on management's current expectations, including statements regarding future financial performance, dividends, acquisitions, investments, financing plans, business strategies and growth prospects. These forward-looking statements are subject to risks and uncertainties that could cause actual results to materially differ from our expectations. These risks are discussed in CareTrust REIT's most recent Form 10-Q filing with the SEC. We do not undertake a duty to update or revise these statements, except as required by law.

During the call, the company will reference non-GAAP metrics such as EBITDA, FFO and FAD. A reconciliation of these measures to the most comparable GAAP financial measures is available in our earnings press release and Q1 2026 financial supplement that are available on the Investor Relations