Healthcare Realty Trust (HR) Tops Q4 EPS by 13c, Revenues Beat
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Healthcare Realty Trust Reports Results For the Fourth Quarter
February 12, 2020 5:00 PM ESTNASHVILLE, Tenn., Feb. 12, 2020 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the fourth quarter ended December 31, 2019. The Company reported net income of $27.2 million, or $0.20 per diluted common share, for the quarter and $39.2 million, or $0.29 per diluted common share, for the year ended December 31, 2019. Normalized FFO for the three months ended December 31, 2019 totaled $54.7 million, or $0.41 per diluted common share.
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%.... More