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%.
The company's full year 2024 guidance, originally announced on March 21, 2024, remains unchanged.
Visualization of income flow from segment revenue to net income