Care Capital Properties (CCP) Tops Q1 FFO by 1c

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Care Capital Properties Reports First Quarter Results

May 6, 2016 7:33 AM EDT

First Quarter 2016 Normalized FFO Totals $0.80 Per Diluted Share

CHICAGO--(BUSINESS WIRE)-- Care Capital Properties, Inc. (NYSE: CCP) (CCP) today announced operating results for the quarter ended March 31, 2016. CCP began operating as an independent, publicly traded company on August 18, 2015, following the completion of its spin-off from Ventas, Inc. (NYSE: VTR) (Ventas). The financial results reported for the prior year first quarter represent operating results that have been carved-out of Ventass consolidated financial statements.

We are pleased with our strong first quarter results, CCP Chief... More