04:57 PM EDT, 07/25/2024 (MT Newswires) -- Healthpeak Properties ( DOC ) reported Q2 adjusted funds from operations late Thursday of $0.39 per diluted share, down from $0.40 per share a year earlier.

Analysts polled by Capital IQ expected $0.37.

Revenue for the quarter ended June 30 was $695.5 million, up from $545.4 million a year earlier.

Analysts surveyed by Capital IQ expected $676.1 million.

For 2024, the firm said it now expects adjusted FFO of $1.54 to $1.58 per diluted share, compared with its prior range of $1.53 to $1.57. Analysts are looking for $1.54.

Healthpeak maintained its quarterly dividend at $0.30 per share, payable Aug. 16 to stockholders of record Aug. 5.

Shares were up nearly 2% in after-hours trading.

Price: 21.15, Change: +0.39, Percent Change: +1.88