Community Healthcare Trust (CHCT) Misses Q2 EPS by 1c

Go back to Community Healthcare Trust (CHCT) Misses Q2 EPS by 1c

Community Healthcare Trust Announces Results for the Three Months Ended June 30, 2020

August 4, 2020 5:00 PM EDT

FRANKLIN, Tenn., Aug. 4, 2020 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended June 30, 2020. The Company reported net income for the second quarter of approximately $4.5 million, or $0.19 per diluted common share. Funds from operations and adjusted funds from operations ("AFFO") for the three months ended June 30, 2020 totaled $0.51 and $0.52, respectively, per diluted common share.

Highlights include:

During the second quarter of 2020, the Company issued, through its at-the-market offering program ("ATM Program"), 578,759 shares of common stock at an average... More