Healthcare Realty Trust (HR) Declares $0.30 Quarterly Dividend; 3.3% Yield
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Healthcare Realty Trust (HR) Tops Q4 EPS by 13c, Revenues Beat
February 12, 2020 5:04 PM ESTHealthcare Realty Trust (NYSE: HR) reported Q4 EPS of $0.20, $0.13 better than the analyst estimate of $0.07. Revenue for the quarter came in at $121.52 million versus the consensus estimate of $120.68 million.
Salient quarterly highlights include:
Normalized FFO per share increased 4.0% over fourth quarter of 2018.For the trailing twelve months ended December 31, 2019, same store cash NOI grew 2.9%.Revenues increased 2.5% and revenue per average occupied square foot increased 2.6%.Operating expenses increased 1.8%.Average occupancy remained stable at 89.3%.Predictive growth measures in the same store multi-tenant portfolio... More