Community Healthcare Trust (CHCT) Reports Q2 EPS of $0.12

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Go back to Community Healthcare Trust (CHCT) Reports Q2 EPS of $0.12

Community Healthcare Trust Announces Results for the Three Months Ended June 30, 2018

August 7, 2018 5:09 PM EDT

FRANKLIN, Tenn., Aug. 7, 2018 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended June 30, 2018. The Company reported net income for the second quarter of approximately $2.4 million, or $0.12 per diluted common share. Normalized funds from operations and adjusted funds from operations ("AFFO") for the three months ended June 30, 2018 totaled $0.40 and $0.42, respectively, per diluted common share.

Highlights include:

During the second quarter of 2018, the Company acquired three real estate properties totaling approximately 68,000 square feet for an aggregate purchase price of approximately $11.7... More