Healthcare Realty Trust (HR) Reports Q4 FFO of $0.41

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Go back to Healthcare Realty Trust (HR) Reports Q4 FFO of $0.41

Healthcare Realty Trust Reports Results for the Fourth Quarter

February 15, 2017 5:10 PM EST

NASHVILLE, Tenn., Feb. 15, 2017 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the fourth quarter ended December 31, 2016.  The Company reported net income of $52.4 million or $0.45 per diluted common share for the quarter.  Normalized FFO for the three months ended December 31, 2016 totaled $0.41 per diluted common share.

Salient quarterly highlights include:

Normalized FFO for the fourth quarter grew 14.6% year-over-year to $47.1 million.For the trailing twelve months ended December 31, 2016, same store revenue grew 3.4%, operating expenses increased 0.7%, and same store NOI grew 5.0%: Same store revenue per average occupied square... More