Strawberry Fields REIT, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 06:10 am EDT
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Strawberry Fields REIT, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 24.25 million compared to USD 22.96 million a year ago. Net income was USD 0.495 million compared to net loss of USD 0.585 million a year ago.
Basic earnings per share from continuing operations was USD 0.08 compared to basic loss per share from continuing operations of USD 0.1 a year ago.
Strawberry Fields REIT, Inc. is a self-administered real estate investment trust. The Company is engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Companyâs portfolio includes 107 healthcare facilities with an aggregate of 12,203 beds, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee, and Texas. The Companyâs 107 healthcare facilities comprise 97 skilled nursing facilities, eight assisted living facilities, and two long-term acute care hospitals. The Company's portfolio includes Infinity Healthcare of Illinois, BRIA Health Services, Infinity Healthcare of Indiana, Green Park Healthcare Management, Infinity Healthcare of Tennessee, The Blossoms at Arkansas, The Landmark Group and more.
STRAWBERRY FIELDS REIT, INC. 