Post-earnings recap
Reported
Wed, Apr 29, 2026
EPS actual
$0.37
EPS est.
$0.38
EPS surprise
-2.63%
1-day move
-0.78%
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.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.37 | $0.16 | +131.25% |
| Revenue | N/A | $216M | N/A |
No transcript is on record, and the analysis is based on numerical results only.
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.
Last quarter
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 and guidance
EPS beat streak
1Q
EPS beat rate
50%
Avg EPS surprise
+1.57%
Avg 1-day reaction
+0.07%
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
0.16Earnings per share is a key indicator of the company's profitability and will help gauge its financial health this quarter.
Revenue
216MRevenue figures will provide insight into the overall performance of Sabra's property portfolio and its ability to generate income.
The print will turn on these.
Q1
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.
Q2
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.
—
Est. EPS
$1.52
Est. Rev
$3.6B
Impl. Move
±39.2%
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.
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.
What the market is pricing for the move.
Implied Move
±5.14%
Historical Avg
±1.4%
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 ±1.4% over the last 8 prints — setup is pricing rich.
ATM IV
0.3%
30d HV
20.0%
Cross-company pattern from 30 similar setups.
Prior-quarter miss + options pricing rich in Real Estate
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).
Smart-money positioning from the most recent 13F filings.
Institutional
105.29%
of float
Insider
1.41%
of float
Holders
637
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
41,614,351 sh · $779.9M
16.29%
6.4%
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.
The lines on the call that would change the story.
Principal Financial Group, Inc.
24,706,070 sh · $463.0M
9.67%
-1.4%
Vanguard Portfolio Management LLC
23,352,373 sh · $437.6M
9.14%
0.9%
State Street Corporation
12,305,655 sh · $230.6M
4.82%
1.7%
Vanguard Capital Management LLC
11,349,125 sh · $212.7M
4.44%
1.1%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.