American Healthcare REIT Inc Q1 2024 Earnings Report
Key Takeaways
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.
Reported GAAP net loss attributable to common stockholders of $(0.04) per basic and diluted share.
Reported Normalized Funds from Operations attributable to common stockholders (“NFFO”) of $0.30 per basic and diluted share.
Achieved 7.1% total portfolio Same-Store (“SS”) revenue growth.
Achieved total portfolio Same-Store Net Operating Income (“NOI”) growth of 13.0%.
American Healthcare REIT Inc
American Healthcare REIT Inc
American Healthcare REIT Inc Revenue by Segment
Forward Guidance
The company's full year 2024 guidance, originally announced on March 21, 2024, remains unchanged.
Revenue & Expenses
Visualization of income flow from segment revenue to net income