Sabra Health Care REIT, Inc. (NASDAQ:SBRA) Q1 2022 Earnings Conference Call May 5, 2022 1:00 PM ET
Company Participants
Lukas Hartwich – Executive Vice President-Finance
Rick Matros – President and Chief Executive Officer
Talya Nevo-Hacohen – Executive Vice President, Chief Investment Officer and Treasurer
Mike Costa – Chief Financial Officer
Conference Call Participants
Michael Griffin – Citi
Juan Sanabria – BMO Capital Markets
Rich Anderson – SMBC
Steven Valiquette – Barclays
Vikram Malhotra – Mizuho
Austin Wurschmidt – KeyBanc
Omotayo Okusanya – Credit Suisse
John Pawlowski – Green Street
Operator
Good day, ladies and gentlemen and welcome to the Sabra Health Care REIT First Quarter 2022 Earnings Conference Call.
I would like to turn the conference over to your host, Lukas Hartwich, EVP, Finance. Please go ahead, Mr. Hartwich.
Lukas Hartwich
Thank you, and good morning. Before we begin, I want to remind you that we will be making forward-looking statements in our comments and in response to your questions concerning our expectations regarding our future financial position and results of operations, including the expected impacts of the ongoing COVID-19 pandemic, our expectations regarding our tenants and operators and our expectations regarding our acquisition, disposition and investment plans. These forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including the risks listed in our Form 10-K for the year ended December 31, 2021 as well as in our earnings press release, included as Exhibit 99.1 to the Form 8-K we furnished to the SEC yesterday.
We undertake no obligation to update our forward-looking statements to reflect subsequent events or circumstances, and you should not assume later in the quarter that the comments we make today are still valid. In addition, references will be made during this call to non-GAAP financial results. Investors are encouraged to review these non-GAAP financial measures as well as the explanation and reconciliation of these measures to the comparable GAAP results included on the Financials page of the Investors section of our website at sabrahealth.com. Our Form 10-Q, earnings release and supplement can also be accessed in the Investors section of our website.
And with that, let me turn the call over to Rick Matros, CEO, President and Chair of Sabra Health Care REIT.
Rick Matros
Thanks, Lukas. Good day to everybody. Appreciate everybody joining the call. Let me start off by talking about guidance though, as everybody knows, we haven't issued guidance. It's really specifically because of the managed portfolio, even though it's recovering, it's been a pretty short period of time that we've seen recovery. So we just need a little bit more a trajectory over a longer period of time so that we have a strong level of confidence and get back to providing guidance.