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GEN - Omega Healthcare: Top 10 Tenant Stops Paying Rent Stock Price Goes Up
Genesis Healthcare Inc.
Reading the headline, "Omega Healthcare Investors FFO beats by $0.01, beats on revenue" many investors no doubt concluded that Omega Healthcare Investors (OHI) reported a strong quarter.
On the surface, while not spectacular, OHI saw small increases in revenue, FFO, AFFO and FAD compared to Q1. A bull might take solace in that at least OHI is "moving in the right direction". The dividend might not really be covered by cash-flow now, but with a little more growth it could be. Maybe everything is going to be alright.