HCP, Inc. (HCP) Miss on Q4 Revenues; Offers FY18 EPS Guidance Above Consensus

HCP, Inc. (NYSE: HCP) reported Q4 EPS of ($0.13), $0.30 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $443.26 million versus the consensus estimate of $448.61 million.

2018 GUIDANCE

For full year 2018, we have established the following guidance ranges:

• Net income per share applicable to common shares of $0.79 to $0.85
• FFO per share of $1.73 to $1.79
• FFO as adjusted per share of $1.77 to $1.83
• SPP Cash NOI to increase 0.25% to 1.75%

GUIDANCE:

HCP, Inc. sees FY2018 EPS of $0.79-$0.85, versus the consensus of $0.76.

For earnings history and earnings-related data on HCP, Inc. (HCP) click here.

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