American Healthcare REIT Inc Earnings Reports

American Healthcare REIT reported a GAAP net loss of $31.8 million in Q4 2024, equating to a loss of $0.21 per share. However, the company achieved strong Same-Store NOI growth of 21.6% for the quarter, driven by the senior housing operating properties (SHOP) segment, which grew 66.6%. The company also raised $120.2 million in equity through its at-the-market (ATM) program.

American Healthcare REIT reported a GAAP net loss of $(3.1) million and Normalized Funds from Operations attributable to common stockholders (“NFFO”) of $0.36 per diluted share for the three months ended September 30, 2024. Achieved total portfolio Same-Store Net Operating Income (“NOI”) growth of 17.0% for the three months ended September 30, 2024 compared to the same period in 2023.

American Healthcare REIT reported a GAAP net income of $2.9 million for the second quarter of 2024, a significant improvement from the net loss of $(11.9) million in the same period last year. The company also achieved a total portfolio Same-Store NOI growth of 15.7% and increased its full-year guidance for both Same-Store NOI growth and NFFO.

American Healthcare REIT reported a net loss of $(0.04) per share, but achieved a 13.0% growth in total portfolio Same-Store NOI, driven by strong performance in senior housing operating properties and integrated senior health campuses. The company also completed a public offering and paid down a significant amount of debt, improving its financial flexibility.