Community Healthcare Trust (CHCT) Misses Q3 EPS by 3c

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Go back to Community Healthcare Trust (CHCT) Misses Q3 EPS by 3c

Community Healthcare Trust Announces Results for the Three Months Ended September 30, 2019

November 5, 2019 4:15 PM EST

FRANKLIN, Tenn., Nov. 5, 2019 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended September 30, 2019. The Company reported net income for the third quarter of approximately $2.6 million, or $0.12 per diluted common share. Funds from operations and adjusted funds from operations ("AFFO") for the three months ended September 30, 2019 totaled $0.44 and $0.46, respectively, per diluted common share.

Highlights include:

During the third quarter of 2019, the Company issued, through its at-the-market offering program ("ATM Program"), 680,309 shares of common stock at an average... More