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

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

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

May 7, 2019 5:00 PM EDT

FRANKLIN, Tenn., May 7, 2019 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended March 31, 2019. The Company reported net income for the first quarter of approximately $1.5 million, or $0.06 per diluted common share. Funds from operations and adjusted funds from operations ("AFFO") for the three months ended March 31, 2019 totaled $0.37 and $0.40, respectively, per diluted common share.

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... More