Health Care REIT, Inc. (HCN) Tops Q1 FFO by 2c

Health Care REIT, Inc. (NYSE: HCN) reported Q1 FFO of $1.00, $0.02 better than the analyst estimate of $0.98. Revenue for the quarter came in at $801.81 million versus the consensus estimate of $796.68 million.

The company completed $542 million of gross investments for the quarter including a $386 million investment in a joint venture, $57 million in acquisitions, $64 million in development funding, $29 million in loan advances and $6 million in capital improvements.

For earnings history and earnings-related data on Health Care REIT, Inc. (HCN) click here.

You May Also Be Interested In

• Rivian reports record Q3 deliveries, beats estimates, shares rise
• Reaction roundup: Experts, analysts weigh in on September jobs report
• LTC Properties (LTC) PT Raised to $52 at RBC Capital