Healthcare Realty Trust Q2 EPS $0.39 Down From $0.45 YoY, Sales $338.14M Beat $333.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Healthcare Realty Trust (NYSE:HR) reported Q2 earnings of $0.39 per share, a 13.33% decrease YoY. However, the company's quarterly sales of $338.14M beat the analyst consensus estimate of $333.60M by 1.36%, marking a 132.68% increase YoY.
August 08, 2023 | 10:46 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Healthcare Realty Trust's Q2 earnings per share decreased by 13.33% YoY, but sales beat estimates by 1.36%, up 132.68% YoY.
While the company's earnings per share decreased, the significant increase in sales and beating of estimates could potentially offset the negative impact of the decrease in earnings per share. However, the market's reaction to these mixed results is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100