Strawberry Fields REIT, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 06:16 am EST
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Strawberry Fields REIT, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 25.77 million compared to USD 24.24 million a year ago. Net income was USD 0.589 million compared to USD 1.02 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to USD 0.17 a year ago.
For the nine months, sales was USD 74.33 million compared to USD 68.97 million a year ago. Net income was USD 1.78 million compared to USD 1.02 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to USD 0.17 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. 
