Healthcare Realty Trust Q2 FFO $0.38 Down From $0.39 YoY, Sales $316.32M Miss $322.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Healthcare Realty Trust (NYSE:HR) reported Q2 earnings of $0.38 per share, a 2.56% decrease from last year, and sales of $316.32 million, missing the $322.00 million estimate by 1.76%. Sales also decreased by 6.45% from the same period last year.
August 02, 2024 | 10:50 am
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Healthcare Realty Trust reported Q2 earnings of $0.38 per share, a 2.56% decrease from last year, and sales of $316.32 million, missing the $322.00 million estimate by 1.76%. Sales also decreased by 6.45% from the same period last year.
The decrease in earnings per share and the miss on sales estimates are likely to negatively impact the stock price in the short term. The decline in both earnings and sales compared to the previous year further supports a negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100