Equity Profile

CTRE

CareTrust REIT, Inc.

Real EstateHealth Care REITs$9.8B

Aug10Mon

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

CareTrust REIT, Inc. is a real estate investment trust focused on acquiring and managing healthcare properties, including skilled nursing facilities and senior housing....

Key Metrics to Watch

Funds from Operations (FFO)

FFO is a key measure for REITs, indicating the cash generated from operations, which supports dividend payments.

N/A

Occupancy Rates

Higher occupancy rates in healthcare properties can lead to increased revenue and profitability.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CTRE Q2-2026 Earnings Preview

Context

Company Snapshot

CareTrust REIT, Inc. is a real estate investment trust focused on acquiring and managing healthcare properties, including skilled nursing facilities and senior housing. As a player in the health care sector, it benefits from the growing demand for healthcare services due to an aging population.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-1.13%

Avg Stock Reaction

+0.58%

Last Quarter Recap

In Q1 2026, CareTrust reported earnings per share (EPS) of $0.48, matching analyst expectations. The stock saw a slight increase of 0.05% the following day, indicating a stable market reaction.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of the upcoming earnings report, given the company's recent performance. However, there are concerns about occupancy rates and revenue growth in the healthcare sector.

Bull Case

If CareTrust shows strong occupancy rates and positive same-store revenue growth, it could signal robust demand for its properties, leading to a positive market reaction.

Bear Case

Conversely, if occupancy rates decline or revenue growth fails to meet expectations, it could raise concerns about the company's ability to sustain its dividend and growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

What are the current occupancy rates across CareTrust's properties?

Occupancy rates are crucial for revenue generation, and any significant changes could impact future earnings and dividends.

How does CareTrust plan to address potential challenges in revenue growth?

Management's strategy for maintaining or increasing revenue is vital for investor confidence and stock performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating the impact of rising healthcare demand on CareTrust's occupancy rates, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

The aging population is increasing demand for healthcare facilities, which could boost occupancy rates.

Recent trends in healthcare spending suggest a positive outlook for REITs focused on this sector.

Key Risk

If occupancy rates exceed 90%, it could significantly alter the market's perception of CareTrust's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is particularly focused on occupancy and revenue growth metrics, as they directly impact CareTrust's financial health and dividend sustainability.

Bull Confirmed If

Occupancy rates above 90% and same-store revenue growth of +5% or better would confirm the bull case.

Bear Confirmed If

Occupancy rates below 85% or negative same-store revenue growth would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±5.1%

Historical Avg

±1.0%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±5.1% while CTRE has averaged ±1.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

29.1%

Calls (900)P/C Ratio: 0.83Puts (100)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If CareTrust beats expectations, history suggests the stock could rise by around 0.51%, confirming a positive outlook for the company.

In-Line / Cautious

If results are in line with expectations but management's commentary is cautious, the stock may see limited movement, reflecting uncertainty.

Miss

A miss could lead to a decline of about 0.62%, as investors react negatively to disappointing performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on occupancy rates across CareTrust's properties.
2Management's strategy for enhancing revenue growth.
3Any commentary on market conditions affecting the healthcare sector.
4Insights into future acquisitions or property developments.
5Discussion on dividend sustainability and growth plans.

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Company Snapshot

CareTrust REIT, Inc. is a real estate investment trust focused on acquiring and managing healthcare properties, including skilled nursing facilities and senior housing....

Key Metrics to Watch

Funds from Operations (FFO)

FFO is a key measure for REITs, indicating the cash generated from operations, which supports dividend payments.

N/A

Occupancy Rates

Higher occupancy rates in healthcare properties can lead to increased revenue and profitability.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CTRE Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-1.13%

Avg Stock Reaction

+0.58%

Last Quarter Recap

In Q1 2026, CareTrust reported earnings per share (EPS) of $0.48, matching analyst expectations. The stock saw a slight increase of 0.05% the following day, indicating a stable market reaction.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If CareTrust shows strong occupancy rates and positive same-store revenue growth, it could signal robust demand for its properties, leading to a positive market reaction.

Bear Case

Conversely, if occupancy rates decline or revenue growth fails to meet expectations, it could raise concerns about the company's ability to sustain its dividend and growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

What are the current occupancy rates across CareTrust's properties?

Occupancy rates are crucial for revenue generation, and any significant changes could impact future earnings and dividends.

How does CareTrust plan to address potential challenges in revenue growth?

Management's strategy for maintaining or increasing revenue is vital for investor confidence and stock performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating the impact of rising healthcare demand on CareTrust's occupancy rates, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

The aging population is increasing demand for healthcare facilities, which could boost occupancy rates.

Recent trends in healthcare spending suggest a positive outlook for REITs focused on this sector.

Key Risk

If occupancy rates exceed 90%, it could significantly alter the market's perception of CareTrust's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is particularly focused on occupancy and revenue growth metrics, as they directly impact CareTrust's financial health and dividend sustainability.

Bull Confirmed If

Occupancy rates above 90% and same-store revenue growth of +5% or better would confirm the bull case.

Bear Confirmed If

Occupancy rates below 85% or negative same-store revenue growth would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±5.1%

Historical Avg

±1.0%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±5.1% while CTRE has averaged ±1.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

29.1%

Calls (900)P/C Ratio: 0.83Puts (100)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If CareTrust beats expectations, history suggests the stock could rise by around 0.51%, confirming a positive outlook for the company.

In-Line / Cautious

If results are in line with expectations but management's commentary is cautious, the stock may see limited movement, reflecting uncertainty.

Miss

A miss could lead to a decline of about 0.62%, as investors react negatively to disappointing performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on occupancy rates across CareTrust's properties.
2Management's strategy for enhancing revenue growth.
3Any commentary on market conditions affecting the healthcare sector.
4Insights into future acquisitions or property developments.
5Discussion on dividend sustainability and growth plans.