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Healthpeak: Q4 Earnings Snapshot
Healthpeak Properties, Inc. reported Q4 funds from operations of $331.7 million, exceeding analyst estimates, and provided full-year FFO guidance of $1.70 to $1.74 per share.
- On Monday, Healthpeak Properties, Inc. reported funds from operations of $331.7 million, or 47 cents per share, and provided full-year FFO guidance of $1.70 to $1.74 per share.
- As a key REIT metric, funds from operations takes net income and adds back items such as depreciation and amortization and is closely watched by REIT industry analysts and investors to assess profitability.
- Healthpeak posted quarterly revenue of $719.4 million, surpassing analysts surveyed by Zacks with $699.5 million, and reported net income of $113.8 million, or 16 cents per share.
- For the year, Healthpeak reported funds from operations of $1.31 billion and revenue of $2.82 billion, reflecting strong annual performance.
- With Wall Street expectations in the background, analysts surveyed by Zacks Investment Research had set revenue and FFO benchmarks that the company exceeded in the quarter.
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Healthpeak: Q4 Earnings Snapshot
DENVER (AP) — DENVER (AP) — Healthpeak Properties, Inc. (DOC) on Monday reported a key measure of profitability in its fourth quarter. The results topped Wall Street expectations. The Denver-based real estate investment trust said it had funds from operations of $331.7 million, or 47 cents per share, in the period. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 46 cents per share. Fun…
·Washington, United States
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Total News Sources9
Leaning Left0Leaning Right1Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
R 20%
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