HCP, Inc. (HCP) Reports Q1 EPS of $0.97
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HCP Announces Results for the Quarter Ended March 31, 2017
May 2, 2017 8:00 AM EDTIRVINE, Calif., May 2, 2017 /PRNewswire/ --
FIRST QUARTER 2017 AND RECENT HIGHLIGHTS
--Â Â Â EPS, FFO and FFO as adjusted per share, were $0.97, $0.61 and $0.51, respectively
--Â Â Â Year-over-year three-month SPP Cash NOI growth of 4.0%
-- Â Â Completed the previously announced sale of 64 triple-net assets leased to Brookdale Senior Living, Inc. ("Brookdale") and the sale and related financing of a 40% interest in our RIDEA II senior housing joint venture generating combined proceeds of $1.6 billion
-- Â Â Repaid $1.1 billion of our debt during the quarter and remain on track to meet our previously disclosed balance sheet targets
-- Â Â Sold... More
