Healthpeak Properties Q1 2024 FFO $0.45 Beats $0.44 Estimate, Sales $606.560M Beat $588.284M Estimate
Portfolio Pulse from Benzinga Newsdesk
Healthpeak Properties (NYSE:DOC) reported Q1 2024 FFO of $0.45 per share, surpassing the $0.44 estimate, and sales of $606.560M, exceeding the $588.284M estimate. This represents a 7.14% increase in earnings and a 15.39% increase in sales from the same period last year.
April 25, 2024 | 9:09 pm
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Healthpeak Properties reported a strong Q1 2024 with FFO and sales exceeding estimates, indicating robust financial health and growth.
Healthpeak Properties' Q1 2024 performance, with both FFO and sales beating estimates, suggests a positive outlook for the company. The year-over-year growth in earnings and sales further strengthens this view. Investors may see this as a sign of strong management and operational efficiency, likely leading to a positive short-term impact on the stock price.
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