07:15 AM EDT, 08/02/2024 (MT Newswires) -- Healthcare Realty Trust ( HR ) reported Q2 normalized funds from operations Friday of $0.38 per diluted share, down from $0.39 a year earlier.

Analysts polled by Capital IQ expected $0.38.

Revenue for the quarter ended June 30 was $316.3 million, down from $338.1 million a year earlier.

Two analysts surveyed by Capital IQ expected $323.9 million.

For 2024, Healthcare Realty ( HR ) affirmed its normalized FFO per share outlook of $1.53 to $1.58. Analysts surveyed by Capital IQ expect $1.55.

The company's shares fell more than 7% in recent premarket activity Friday.

Price: 16.22, Change: -1.28, Percent Change: -7.31