Healthcare Realty Trust (HR) Tops Q2 EPS by 11c

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Healthcare Realty Trust Reports Results for the Second Quarter

August 2, 2017 5:05 PM EDT

NASHVILLE, Tenn., Aug. 02, 2017 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the second quarter ended June 30, 2017.  The Company reported net income of $25.2 million or $0.22 per diluted common share for the quarter.  Normalized FFO for the three months ended June 30, 2017 totaled $0.39 per diluted common share.

Salient quarterly highlights include:

Normalized FFO for the second quarter grew 2.8% year-over-year to $45.3 million.For the trailing twelve months ended June 30, 2017, same store revenue grew 2.9%, operating expenses increased 1.3%, and same store NOI grew 3.9%: Same store revenue per average occupied square foot increased... More