Healthcare Realty Trust (HR) Reports Q1 FFO of $0.43

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Go back to Healthcare Realty Trust (HR) Reports Q1 FFO of $0.43

Healthcare Realty Trust Reports Results for the First Quarter

May 5, 2022 5:40 AM EDT

NASHVILLE, Tenn., May 05, 2022 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the first quarter ended March 31, 2022. The Company reported net income of $42.2 million, or $0.28 per diluted common share, for the quarter ended March 31, 2022. Normalized FFO for the three months ended March 31, 2022 totaled $64.8 million, or $0.43 per diluted common share.

Salient quarterly highlights include:

Normalized FFO per share totaled $0.43, an increase of 3.6% from $0.42 in the first quarter of 2021.Same store cash NOI for the first quarter increased 2.9% over the prior year. For the trailing twelve... More