Healthcare Realty Trust (HR) Posts Q2 EPS of $0.30

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Go back to Healthcare Realty Trust (HR) Posts Q2 EPS of $0.30

Healthcare Realty Trust Reports Results for the Second Quarter

August 2, 2018 5:00 PM EDT

NASHVILLE, Tenn., Aug. 02, 2018 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the second quarter ended June 30, 2018.  The Company reported net income of $37.7 million or $0.30 per diluted common share for the quarter.  Normalized FFO for the three months ended June 30, 2018 totaled $49.0 million, or $0.40 per diluted common share.

Salient quarterly highlights include:

For the trailing twelve months ended June 30 2018, same store revenue grew 2.8%, operating expenses increased 2.1%, and same store cash NOI grew 3.2%:  ° Same store revenue per average occupied square foot increased 2.6%.  ° Average same store occupancy increased 30... More