Unlocking Q4 Potential of CareTrust REIT (CTRE): Exploring Wall Street Estimates for Key Metrics

Wall Street analysts forecast that CareTrust REIT (CTRE) will report quarterly earnings of $0.40 per share in its upcoming release, pointing to a year-over-year increase of 11.1%. It is anticipated that revenues will amount to $84.07 million, exhibiting an increase of 40.8% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.Bearing this in mind, let's now explore the average estimates of specific CareTrust REIT metrics that are commonly monitored and projected by Wall Street analysts.According to the collective judgment of analysts, 'Revenues- Rental income' should come in at $59.59 million. The estimate suggests a change of +11.5% year over year.Based on the collective assessment of analysts, 'Interest and other income' should arrive at $21.74 million. The estimate points to a change of +247.3% from the year-ago quarter.Analysts expect 'Depreciation and amortization' to come in at $14.80 million. The estimate is in contrast to the year-ago figure of $13.21 million.View all Key Company Metrics for CareTrust REIT here>>>Over the past month, CareTrust REIT shares have recorded returns of +0.9% versus the Zacks S&P 500 composite's +2.1% change. Based on its Zacks Rank #2 (Buy), CTRE will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CareTrust REIT, Inc. (CTRE): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks