Q1 25 EPS
$0.75
BEAT +64.40%
Est. $0.46
Q1 25 Revenue
$276.8M
BEAT +16.92%
Est. $236.7M
vs S&P Since Q1 25
+3.3%
BEATING MARKET
OHI +30.4% vs S&P +27.2%
Market Reaction
Did OHI Beat Earnings? Q1 2025 Results
Omega Healthcare Investors delivered a strong first quarter for 2025, with adjusted FFO of $0.75 per share beating the $0.46 consensus estimate by 64.40% and revenue of $276.79 million clearing expectations by 16.92% while growing 13.8% year over yea… Read more Omega Healthcare Investors delivered a strong first quarter for 2025, with adjusted FFO of $0.75 per share beating the $0.46 consensus estimate by 64.40% and revenue of $276.79 million clearing expectations by 16.92% while growing 13.8% year over year. The outperformance was driven primarily by revenue from new investments completed throughout 2024 and into 2025, portfolio restructurings and transitions, and annual rent escalators, which together pushed net income to $112.06 million from $69.35 million a year ago. Investment activity remained a central theme, with Omega deploying $78.35 million in Q1 and following that with a $344 million acquisition of 45 care facilities in the U.K. And Jersey in April, bringing year-to-date investments to roughly $423 million. A brief payment disruption from tenant Genesis Healthcare, which missed its March rent before paying in full in April, drew attention but did not derail the quarter. Management raised full-year 2025 AFFO guidance to $2.95 to $3.01 per share, up from the prior $2.90 to $2.98 range.
Key Takeaways
- • Revenue from new investments completed throughout 2024 and 2025
- • 2024 portfolio restructurings and transitions
- • Annual rent escalators
- • Gain on assets sold of $10.1 million from sale of 27 facilities
- • Increase in income from unconsolidated joint ventures
- • Occupancy improvement to 81.8% with EBITDARM coverage at 1.88x
OHI YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
“We are pleased with our first quarter results, as we continue to grow FAD per share, while further de-levering the balance sheet. We have accretively invested approximately $423 million year-to-date through April 30th and, as a result, we are increasing our 2025 AFFO guidance to be between $2.95 and $3.01 per share from our previous guidance of between $2.90 and $2.98 per share.”
— Taylor Pickett, Q1 2025 Earnings Press Release
OHI Earnings Trends
OHI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
OHI EPS Trend
Earnings per share: estimate vs actual
OHI Revenue Trend
Quarterly revenue: estimate vs actual
OHI Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $0.82 | — | $323.0M | — |
| Q4 25 BEAT FY | $0.49 | $0.55 | +12.24% | $319.2M | +156.63% |
| FY Full Year | $1.96 | $1.94 | -0.86% | $1.19B | +19.58% |
| Q3 25 BEAT | $0.45 | $0.59 | +30.94% | $311.6M | +19.11% |
| Q2 25 BEAT | $0.41 | $0.46 | +12.11% | $282.5M | +16.12% |
| Q1 25 BEAT | $0.46 | $0.75 | +64.40% | $276.8M | +16.92% |