Care Capital Properties (CCP) Reports Q2 FFO of $0.79; Boosts FFO Outlook

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Care Capital Properties Reports Second Quarter 2016 Results

August 11, 2016 7:32 AM EDT

Produces Net Income of $0.44 Per Diluted Share and Normalized FFO of $0.79 Per Diluted Share Raises 2016 Guidance

CHICAGO--(BUSINESS WIRE)-- Care Capital Properties, Inc. (NYSE: CCP) (CCP or the Company), a company with a diversified healthcare portfolio of triple-net leased properties, focused on the post-acute sector, today announced operating results for the quarter ended June 30, 2016. The Company 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... More