HCP to Sell a Portfolio of 64 Brookdale Communities for $1.125 Billion

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HCP, Inc. (HCP) Tops Q3 FFO by 1c; Updates FY16 FFO Outlook

November 1, 2016 8:07 AM EDT

HCP, Inc. (NYSE: HCP) reported Q3 FFO of $0.72, $0.01 better than the analyst estimate of $0.71. Revenue for the quarter came in at $654.3 million versus the consensus estimate of $634.8 million.

GUIDANCE:

HCP, Inc. sees FY2016 FFO of $2.69-$2.75, versus the consensus of... More