Diversified Healthcare Trust reported a net loss attributable to common shareholders of $0.22 per share for the fourth quarter of 2019. The company achieved several strategic milestones, including the closing of the restructuring of business arrangements with Five Star Senior Living Inc. and rebranding as Diversified Healthcare Trust.
Completed the restructuring of business arrangements with Five Star Senior Living Inc.
Rebranded as Diversified Healthcare Trust to reflect current portfolio and business strategy.
Continued to reposition and optimize portfolio through disposition efforts.
Normalized FFO attributable to common shareholders increased 11.1% compared to the same period last year.
DHC will remain focused on its core competencies in order to increase shareholder value, including through asset management, the continued execution of its redevelopment plans and disciplined capital recycling strategy in order to further refine its high quality portfolio.
Analyze how earnings announcements historically affect stock price performance