Healthcare Realty Trust (HR) Misses Q3 EPS by 4c, Revenues Beat

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Healthcare Realty Trust Reports Results for the Third Quarter

November 4, 2019 5:01 PM EST

NASHVILLE, Tennessee, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the third quarter ended September 30, 2019.  The Company reported net income of $2.6 million, or $0.02 per diluted common share for the quarter ended September 30, 2019.  Normalized FFO for the three months ended September 30, 2019 totaled $51.7 million, or $0.40 per diluted common share.

Salient quarterly highlights include:

Normalized FFO per share increased 3.2% over the third quarter of 2018.For the trailing twelve months ended September 30, 2019, same store cash NOI grew 3.3%. Revenues increased 2.8% and revenue per average occupied square foot increased... More