Healthcare Realty Trust (HR) Tops Q2 FFO by 2c
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Healthcare Realty Trust Reports Normalized FFO of $0.42 Per Share for the Second Quarter
August 3, 2016 5:02 PM EDTNASHVILLE, Tenn., Aug. 03, 2016 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the second quarter ended June 30, 2016. Normalized FFO for the three months ended June 30, 2016 totaled $0.42 per diluted common share. Revenue for the second quarter grew by $5.9 million to $102.6 million compared to the same quarter in 2015. The Company reported net income of $12.1 million or $0.12 per share for the quarter.
Salient highlights include:
Normalized FFO for the second quarter grew 10.7% year-over-year to $44.1 million. Over the same time period, normalized FFO per share increased 5.0%.For the trailing twelve months ended... More