How Omega Healthcare Investors Weathered the Coranavirus Storm in Q1 Relatively Well
It's been an absolutely horrible few months for the long-term care (LTC) industry because of the major impact of the COVID-19 pandemic. And that's not good news for Omega Healthcare Investors (NYSE: OHI). Shares of the LTC-focused real estate investment trust (REIT) have fallen 35% year to date after plunging more than 60% in March.
Omega Healthcare Investors announced its first-quarter results after the market closed on Monday. And investors received some much-needed good news. Here are the highlights from the company's Q1 update.
Source Fool.com