Community Healthcare Trust Announces Results for the Three Months Ended March 31, 2019

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Community Healthcare Trust (CHCT) Reports Q1 EPS of $0.06

May 7, 2019 5:03 PM EDT

Community Healthcare Trust (NYSE: CHCT) reported Q1 EPS of $0.06, versus $0.09 reported last year. Revenue for the quarter came in at $12.9 million, versus $11.08 million reported last year.

Highlights include:

During the first quarter of 2019, the Company issued, through its at-the-market offering program ("ATM Program"), 143,600 shares of common stock at an average gross sales price of $33.57 per share and received net proceeds of approximately $4.7 million at an approximate 4.96% current equity yield.During the first quarter of 2019, the Company acquired two real estate properties totaling approximately 83,000 square feet for an aggregate purchase price and cash... More