Healthcare Realty Trust (HR) Misses Q3 EPS by 3c

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Go back to Healthcare Realty Trust (HR) Misses Q3 EPS by 3c

Healthcare Realty Trust Reports Results for the Third Quarter

November 1, 2018 5:00 PM EDT

NASHVILLE, Tenn., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the third quarter ended September 30, 2018.  The Company reported net income of $6.5 million, or $0.05 per diluted common share for the quarter.  Normalized FFO for the three months ended September 30, 2018 totaled $48.2 million, or $0.39 per diluted common share.

Salient quarterly highlights include:

Same store cash NOI for the third quarter increased 3.1% over the third quarter of 2017.  For the trailing twelve months ended September 30, 2018, same store revenue grew 2.6%, operating expenses increased 2.1%, and same store cash NOI grew 2.9%: Same store revenue... More