Healthcare Realty Trust Q4 FFO of $0.40 Meets Estimates, $286.3M Revenue Falls Short
Healthcare Realty Trust reported Q4 FFO of $0.40 per share, matching consensus and delivering a 1.27% FFO surprise, with revenue of $286.3 million falling 0.87% short of forecasts. Shares have gained 2.6% year-to-date versus a 1.4% S&P 500 rise, reflecting consistent FFO beats but lagging revenue trends.
1. Q4 Financial Results
Healthcare Realty Trust reported Q4 funds from operations (FFO) of $0.40 per share, matching consensus and delivering a 1.27% surprise. Revenues were $286.3 million, missing estimates by 0.87% and down from $309.8 million year-over-year.
2. FFO and Revenue Trends
Over the last four quarters, the REIT has surpassed FFO estimates three times but has topped revenue projections only once, indicating stable cash flow generation alongside pressure on leasing growth. Annual revenue comparisons reflect a $23.5 million decline versus the prior year period.
3. Stock Performance and Outlook
Shares have risen 2.6% year-to-date, outpacing the S&P 500’s 1.4% gain. Consensus forecasts call for next-quarter FFO of $0.39 on $289.0 million in revenue, with full-year FFO and revenue estimates at $1.60 and $1.17 billion, respectively.