Physicians Realty Trust Reports Second Quarter 2019 Financial Results

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Go back to Physicians Realty Trust Reports Second Quarter 2019 Financial Results

Physicians Realty Trust (DOC) Misses Q2 EPS by 2c, Revenues Miss

August 7, 2019 7:49 AM EDT

Physicians Realty Trust (NYSE: DOC) reported Q2 EPS of $0.04, $0.02 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $94.9 million versus the consensus estimate of $106.31 million.

Second Quarter Highlights:

Reported second quarter 2019 total revenue of $94.9 million, down 11% over the prior year period.Generated second quarter net income per share and OP unit of $0.04 on a fully diluted basis, compared to net income per share and OP unit of $0.06 on a fully diluted basis in the same period last year.Generated second quarter normalized funds from operations (Normalized FFO)... More