Healthcare Realty Trust (HR) Reports Q1 EPS of 7c
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Healthcare Realty Trust Reports Results for the First Quarter
May 3, 2018 5:02 PM EDTNASHVILLE, Tenn., May 03, 2018 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the first quarter ended March 31, 2018. The Company reported net income of $9.2 million or $0.07 per diluted common share for the quarter. Normalized FFO for the three months ended March 31, 2018 totaled $49.0 million, or $0.40 per diluted common share.
Salient quarterly highlights include:
For the trailing twelve months ended March 31, 2018, same store revenue grew 3.1%, operating expenses increased 2.3%, and same store cash NOI grew 3.5%:  Same store revenue per average occupied square foot increased 2.7%.  Average same store occupancy increased 30 basis points to... More