05:29 PM EST, 11/12/2024 (MT Newswires) -- American Healthcare REIT ( AHR ) reported Q3 normalized funds from operations late Tuesday of $0.36 per diluted share, up from $0.35 a year earlier.

Analysts polled by Capital IQ expected an adjusted FFO of $0.25 per share.

Total revenue and grant income for the quarter ended Sept. 30 was $523.8 million, up from $464.2 million a year earlier. Analysts surveyed by Capital IQ expected $468.6 million.

The company raised full-year 2024 normalized FFO guidance to a range of $1.40 to $1.43 from its prior outlook of $1.23 to $1.27. Analysts polled by Capital IQ expect an adjusted FFO of $1.07.