Physicians Realty Trust (DOC) Misses Q3 FFO by 1c

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Physicians Realty Trust Reports Third Quarter 2016 Financial Results

November 2, 2016 8:01 AM EDT

Increases 2016 Acquisition Guidance

Announces Third Quarter Investment Activity of $177 Million and Year-to-Date Investment Activity of $1.1 Billion

Third Quarter Highlights:

Reported third quarter 2016 total revenue of $70.0 million, up 101% year-over-year. Generated third quarter net income per share and OP unit of $0.07 on a fully diluted basis, an increase of 40% year-over-year. Generated third quarter normalized funds from operations (FFO) of $0.27 per share and OP unit on a fully diluted basis. Completed third quarter investments of approximately $177.0 million, which included 13 healthcare facilities totaling 635,263... More