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American Healthcare REIT Q4 Normalized FFO Flat, Revenue Rises; 2024 AFFO Guidance Set
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American Healthcare REIT Q4 Normalized FFO Flat, Revenue Rises; 2024 AFFO Guidance Set
Mar 21, 2024 2:26 PM

05:12 PM EDT, 03/21/2024 (MT Newswires) -- American Healthcare REIT ( AHR ) reported Q4 normalized funds from operations Thursday of $0.38 per diluted share, flat from a year earlier.

Four analysts polled by Capital IQ expected an adjusted FFO of $0.20.

GAAP revenue and grant income for the quarter ended Dec. 31 was $482.6 million, up from $452.6 million a year earlier.

Analysts surveyed by Capital IQ expected revenue of $472.9 million.

The company expects full year 2024 normalized FFO in the range of $1.18 to $1.24 per share. Analysts polled by Capital IQ expect an adjusted FFO of $0.95.

Price: 14.18, Change: -0.02, Percent Change: -0.14

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