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Healthcare Realty Trust's Q3 Earnings Flat, Revenue Declines; Guidance Narrowed
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Healthcare Realty Trust's Q3 Earnings Flat, Revenue Declines; Guidance Narrowed
Nov 3, 2024 2:57 PM

08:35 AM EDT, 10/30/2024 (MT Newswires) -- Healthcare Realty Trust ( HR ) reported Q3 normalized funds from operations Wednesday of $0.39 per diluted share, unchanged from a year earlier.

Analysts surveyed by Capital IQ expected $0.38.

Revenue for the quarter ended Sept. 30 was $315.4 million, compared with $342.3 million a year earlier.

Analysts surveyed by Capital IQ expected $307.9 million.

For full-year 2024, the company narrowed its guidance for normalized FFO to a range of $1.55 to $1.56 per share from previous guidance of $1.53 to $1.68. Analysts surveyed by Capital IQ expect $1.55.

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