Healthcare Realty Trust Q3 Normalized FFO Per Share $0.39, Same As Prior Year, Sales $315.42M, Down From $342.26M Last Year
Portfolio Pulse from Benzinga Newsdesk
Healthcare Realty Trust reported Q3 normalized FFO per share of $0.39, consistent with the previous year. However, sales decreased to $315.42 million from $342.26 million last year.
October 30, 2024 | 10:49 am
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Healthcare Realty Trust's Q3 results show stable FFO per share at $0.39, but a decline in sales to $315.42 million from $342.26 million last year, indicating potential revenue challenges.
The stable FFO per share suggests operational stability, but the significant drop in sales indicates potential revenue challenges, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100