Healthcare Realty Trust (HR) Tops Q1 EPS by 11c

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Healthcare Realty Trust Reports Results for the First Quarter

May 5, 2021 5:00 PM EDT

NASHVILLE, Tenn., May 05, 2021 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the first quarter ended March 31, 2021. The Company reported net income of $24.0 million, or $0.17 per diluted common share, for the quarter ended March 31, 2021. Normalized FFO for the three months ended March 31, 2021 totaled $58.3 million, or $0.42 per diluted common share.

Salient quarterly highlights include:

Normalized FFO per share totaled $0.42, an increase of 2.6% from $0.41 in the first quarter of 2020.Same store cash NOI for the first quarter increased 2.1% over the first quarter of 2020. For the trailing... More