JMP Securities Upgrades Healthcare Realty Trust (HR) to Market Perform
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Healthcare Realty Trust Reports Results For The Third Quarter
November 2, 2016 5:01 PM EDTNASHVILLE, Tenn., Nov. 02, 2016 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the third quarter ended September 30, 2016. The Company reported net income of $11.8 million or $0.10 per diluted common share for the quarter. Normalized FFO for the three months ended September 30, 2016 totaled $0.39 per diluted common share.
Salient highlights include:
Normalized FFO for the third quarter grew 10.7% year-over-year to $45.1 million.For the trailing twelve months ended September 30, 2016, same store revenue grew 4.1%, operating expenses increased 3.8%, and same store NOI grew 4.3%: Same store revenue per average occupied square foot increased... More
