04:33 PM EDT, 05/13/2024 (MT Newswires) -- American Healthcare REIT ( AHRT ) reported Q1 normalized funds from operations Monday of $0.30 per diluted share, down from $0.31 a year earlier.

Four analysts polled by Capital IQ expected an adjusted FFO of $0.25.

Revenue in the quarter ended March 31 rose to $499.5 million from $452.2 million a year earlier.

Three analysts surveyed by Capital IQ expected $491.1 million.

The company reiterated 2024 normalized FFO guidance of $1.18 to $1.24 a share. Four analysts polled by Capital IQ expect an adjusted FFO of $1.03.

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