Community Healthcare Trust (CHCT) Misses Q2 FFO by 14c

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Go back to Community Healthcare Trust (CHCT) Misses Q2 FFO by 14c

Community Healthcare Trust Announces Results for the Three Months Ended June 30, 2015

August 13, 2015 5:00 PM EDT

FRANKLIN, Tenn., Aug. 13, 2015 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced results for the period ended June 30, 2015.  Normalized FFO for the three months ended June 30, 2015 totaled $0.17 per diluted common share.  The Company reported a net loss for the quarter of $1.5 million, which included $1.5 million of transaction costs related to the Company's initial public offering and acquisition costs related to 29 properties acquired during the period.

Highlights include:

On May 27, 2015, the Company completed its initial public offering of 7,187,500 common shares and concurrent private placements of 123,683... More