01:29 PM EDT, 05/07/2024 (MT Newswires) -- Diversified Healthcare Trust ( DHC ) shares fell 7% in recent Tuesday trading, a day after the company reported Q1 results.
The company posted Q1 normalized funds from operations Monday of $0.01 per share, down from $0.05 a year earlier.
Three analysts polled by Capital IQ expected $0.01.
Revenue in the quarter ended March 31 rose to $370.8 million from $346 million a year earlier.
Three analysts surveyed by Capital IQ expected $370.7 million.
Price: 2.38, Change: -0.18, Percent Change: -7.03