HCP, Inc. (HCP) Reports In-Line Q4 FFO

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Go back to HCP, Inc. (HCP) Reports In-Line Q4 FFO

HCP Reports Fourth Quarter and Year Ended 2018 Results

February 13, 2019 4:15 PM EST

IRVINE, Calif., Feb. 13, 2019 /PRNewswire/ -- HCP, Inc. (NYSE: HCP) today announced results for the fourth quarter and full year ended December 31, 2018.

FOURTH QUARTER 2018 AND RECENT HIGHLIGHTS

     Diluted net income of $1.73 per share, diluted NAREIT FFO of $0.41 per share and diluted FFO as adjusted of $0.43 per share

     Closed on the previously announced sale of Shoreline Technology Center in Mountain View, California for gross proceeds of $1.0 billion

     Completed the previously disclosed sale of 19 senior housing communities to an investment fund managed by affiliates of Apollo Global Management for $377 million

     Acquired our partner's... More