Physicians Realty Trust (DOC) Misses Q1 EPS by 1c

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Physicians Realty Trust Reports First Quarter 2016 Financial Results

May 5, 2016 8:15 AM EDT

Announces Year-to-Date Investment Activity of $220 Million

Provides Update on CHI Investment

First Quarter Highlights:

Reported first quarter 2016 total revenue of $44.1 million, up 80% year-over-year. Generated first quarter normalized funds from operations (FFO) of $0.22 per share and OP unit on a fully diluted basis, an increase of 15.8% year-over-year, and net income per share of $0.04 on a fully diluted basis. First quarter investments of approximately $202.3 million, which includes 16 healthcare facilities and 2 condominium units totaling 751,961 leasable square feet and 1 mezzanine loan. Declared quarterly dividend of... More