IRVINE, Calif., May 17, 2022--Sabra Health Care REIT, Inc. ("Sabra", the "Company") (Nasdaq: SBRA) announced that Sabra, pursuant to its joint venture with Sienna Senior Living ("Sienna") (TSX: SIA), has completed the previously announced acquisition of a high-quality Canadian senior housing portfolio for a total consideration of C$307.5 million (USD $236.5 million).
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Sabra (SBRA) delivered FFO and revenue surprises of 2.63% and 1.15%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?