Healthcare Realty Trust Reports Strong Q4 Results, Exceeding Expectations
Nashville, TN - Healthcare Realty Trust Incorporated (HR) announced a 3.03% rise in key profitability measures for its fourth quarter on Wednesday.
Financial Highlights:
* Funds from operations (FFO): $143.4 million ($0.40 per share)
* Net income: -$106.8 million (-$0.31 per share)
* Revenue: $309.8 million
Analyst Outlook:
FFO surpassed analyst expectations of $0.39 per share. Revenue also exceeded forecasts of $307.7 million.
Annual Performance:
* Annual FFO: $576.8 million
* Annual revenue: $1.27 billion
Full-Year Guidance:
Healthcare Realty Trust anticipates FFO per share in the range of $1.56 to $1.60 for the full year.