Equity Profile

SBRA

Sabra Health Care REIT, Inc.

Real EstateHealth Care REITs$5.0B

Apr29Wed

Post-Earnings Recap

ReportedQ1-2026After Close4:05 PM EDT

Sabra Health Care REIT Misses on EPS, Stock Down 0.78%

Metric	Actual	Expected	Surprise
EPS	$0.37	$0.16	+131.25%
Revenue	N/A	$216M	N/A

management commentary, guidance changes, and full analysis available with Pro.

Sabra Health Care REIT Misses on EPS, Stock Down 0.78%

Key Numbers

Metric	Actual	Expected	Surprise
EPS	$0.37	$0.16	+131.25%
Revenue	N/A	$216M	N/A

Management Commentary

Tone: Unknown

No transcript is on record, and the analysis is based on numerical results only.

What It Means

Sabra Health Care REIT reported an EPS of $0.37, significantly above the expected $0.16, indicating better-than-anticipated profitability. However, the stock reacted negatively, declining by 0.78%. The lack of revenue data and guidance may have contributed to investor uncertainty.

Company Snapshot

Sabra Health Care REIT, Inc. (SBRA) is a real estate investment trust that focuses on acquiring and managing healthcare properties....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of the company's profitability and will help gauge its financial health this quarter.

0.16

Revenue

Revenue figures will provide insight into the overall performance of Sabra's property portfolio and its ability to generate income.

216M

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

Original Pre-Earnings Preview

Context

Company Snapshot

Sabra Health Care REIT, Inc. (SBRA) is a real estate investment trust that focuses on acquiring and managing healthcare properties. With a market cap of $5 billion, it plays a crucial role in the healthcare sector by providing capital to operators of skilled nursing facilities and other healthcare properties, which is increasingly important as the population ages.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

+1.53%

Avg Stock Reaction

+0.54%

Last Quarter Recap

In Q4 2025, Sabra reported an EPS of $0.36, slightly missing the estimate of $0.37. The stock reacted positively, gaining 3.32% the following day.

Management Promises & Guidance

Focus on improving occupancy rates in skilled nursing facilities.
Commitment to maintaining dividend payouts.
Plans to explore new acquisition opportunities in the healthcare sector.

Expectations

Wall Street Expectations

Analysts are cautiously optimistic about Sabra's upcoming earnings, expecting a modest EPS of $0.16 and revenue of $216 million. The market is keen to see if the company can meet or exceed these expectations.

Bull Case

If Sabra can report better-than-expected earnings and revenue, it could signal strong demand for its properties and effective management strategies, leading to a positive stock reaction.

Bear Case

Conversely, if Sabra misses its earnings or revenue targets, it could raise concerns about the sustainability of its business model, especially given the challenges in the healthcare sector.

Key Metrics to Watch

EPS

0.16

Earnings per share is a key indicator of the company's profitability and will help gauge its financial health this quarter.

Revenue

216M

Revenue figures will provide insight into the overall performance of Sabra's property portfolio and its ability to generate income.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Sabra's EPS meet or exceed the consensus estimate of $0.16?

This figure is crucial for assessing the company's profitability and could significantly influence market sentiment.

What are the occupancy rates for Sabra's skilled nursing facilities?

Occupancy rates directly impact revenue and profitability, making this a key focus for investors.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate the potential for Sabra to exceed EPS expectations due to improved occupancy rates and effective cost management.

Supporting Evidence

Recent trends in the healthcare sector suggest a rebound in demand for skilled nursing facilities.

Options pricing indicates a higher expected move, suggesting that traders anticipate significant news.

Past performance shows that Sabra has a 50% chance of beating EPS estimates.

Key Risk

If occupancy rates come in significantly higher than expected, it could lead to a positive surprise in earnings.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching Sabra's ability to deliver on earnings expectations, especially after mixed results in previous quarters.

Bull Confirmed If

An EPS of $0.18 or higher would confirm strong operational performance and management effectiveness.

Bear Confirmed If

An EPS below $0.14 would raise concerns about the company's ability to sustain its business model.

Pre-Earnings Positioning

Options Market

Implied Move

±5.14%

Historical Avg

±1.2%

Pricing rich

The options market is pricing in a significant move of about 5.14%, indicating that traders expect some volatility around the earnings report.

Options are pricing ±5.1% while SBRA has averaged ±1.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

20.0%

Calls (8K)P/C Ratio: 0.14Puts (2K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Real Estate

n=30

Fade rate: 4 of 24 (17%)

This setup has occurred 30 times across Real Estate in the last 2 years. 20 of 24 (83%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 2.1%, with a raw directional average of +0.8% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Sabra beats expectations, history suggests the stock could rise by around 0.37% on the following day, confirming a positive trend.

In-Line / Cautious

If the results are in line with expectations, the stock may experience a muted reaction as investors assess management's commentary.

Miss

If Sabra misses its targets, the stock could decline by about 1.13%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on occupancy rates and how they have changed since the last quarter.
2Any updates on new acquisitions or investments in healthcare properties.
3Management's outlook on the healthcare market and potential challenges.
4Insights into cost management strategies and their impact on profitability.
5Comments on dividend sustainability and future payout plans.

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Company Snapshot

Sabra Health Care REIT, Inc. (SBRA) is a real estate investment trust that focuses on acquiring and managing healthcare properties....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of the company's profitability and will help gauge its financial health this quarter.

0.16

Revenue

Revenue figures will provide insight into the overall performance of Sabra's property portfolio and its ability to generate income.

216M

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

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

+1.53%

Avg Stock Reaction

+0.54%

Last Quarter Recap

In Q4 2025, Sabra reported an EPS of $0.36, slightly missing the estimate of $0.37. The stock reacted positively, gaining 3.32% the following day.

Management Promises & Guidance

Focus on improving occupancy rates in skilled nursing facilities.
Commitment to maintaining dividend payouts.
Plans to explore new acquisition opportunities in the healthcare sector.

Expectations

Wall Street Expectations

Bull Case

If Sabra can report better-than-expected earnings and revenue, it could signal strong demand for its properties and effective management strategies, leading to a positive stock reaction.

Bear Case

Conversely, if Sabra misses its earnings or revenue targets, it could raise concerns about the sustainability of its business model, especially given the challenges in the healthcare sector.

Key Metrics to Watch

EPS

0.16

Earnings per share is a key indicator of the company's profitability and will help gauge its financial health this quarter.

Revenue

216M

Revenue figures will provide insight into the overall performance of Sabra's property portfolio and its ability to generate income.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Sabra's EPS meet or exceed the consensus estimate of $0.16?

This figure is crucial for assessing the company's profitability and could significantly influence market sentiment.

What are the occupancy rates for Sabra's skilled nursing facilities?

Occupancy rates directly impact revenue and profitability, making this a key focus for investors.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate the potential for Sabra to exceed EPS expectations due to improved occupancy rates and effective cost management.

Supporting Evidence

Recent trends in the healthcare sector suggest a rebound in demand for skilled nursing facilities.

Options pricing indicates a higher expected move, suggesting that traders anticipate significant news.

Past performance shows that Sabra has a 50% chance of beating EPS estimates.

Key Risk

If occupancy rates come in significantly higher than expected, it could lead to a positive surprise in earnings.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching Sabra's ability to deliver on earnings expectations, especially after mixed results in previous quarters.

Bull Confirmed If

An EPS of $0.18 or higher would confirm strong operational performance and management effectiveness.

Bear Confirmed If

An EPS below $0.14 would raise concerns about the company's ability to sustain its business model.

Pre-Earnings Positioning

Options Market

Implied Move

±5.14%

Historical Avg

±1.2%

Pricing rich

The options market is pricing in a significant move of about 5.14%, indicating that traders expect some volatility around the earnings report.

Options are pricing ±5.1% while SBRA has averaged ±1.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

20.0%

Calls (8K)P/C Ratio: 0.14Puts (2K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Real Estate

n=30

Fade rate: 4 of 24 (17%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Sabra beats expectations, history suggests the stock could rise by around 0.37% on the following day, confirming a positive trend.

In-Line / Cautious

If the results are in line with expectations, the stock may experience a muted reaction as investors assess management's commentary.

Miss

If Sabra misses its targets, the stock could decline by about 1.13%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on occupancy rates and how they have changed since the last quarter.
2Any updates on new acquisitions or investments in healthcare properties.
3Management's outlook on the healthcare market and potential challenges.
4Insights into cost management strategies and their impact on profitability.
5Comments on dividend sustainability and future payout plans.