American Healthcare REIT Inc Q2 2024 Earnings Report
Key Takeaways
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.
Reported GAAP net income attributable to common stockholders of $0.01 per diluted share.
Reported Normalized Funds from Operations attributable to common stockholders (“NFFO”) of $0.33 per diluted share.
Achieved total portfolio Same-Store Net Operating Income (“NOI”) growth of 15.7%.
Increased total portfolio Same-Store NOI growth guidance for the year ending December 31, 2024 to a revised range of 12.0% to 14.0%.
American Healthcare REIT Inc
American Healthcare REIT Inc
American Healthcare REIT Inc Revenue by Segment
Forward Guidance
American Healthcare REIT increased its full year 2024 Same-Store NOI growth and earnings guidance to reflect the occupancy gains and results achieved in 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income