Healthcare Realty Trust (HR) Reports Q1 FFO of $0.39
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Healthcare Realty Trust Reports Results for the First Quarter
May 1, 2019 5:00 PM EDTNASHVILLE, Tenn., May 01, 2019 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the first quarter ended March 31, 2019. The Company reported net income of $4.9 million, or $0.04 per diluted common share for the quarter ended March 31, 2019. Normalized FFO for the three months ended March 31, 2019 totaled $48.6 million, or $0.39 per diluted common share.
Salient quarterly highlights include:
Same store cash NOI for the first quarter increased 4.1% over the first quarter of 2018. For the trailing twelve months ended March 31, 2019, same store cash NOI grew 3.5%:-  Revenues increased 2.7% and revenue per average occupied square foot... More