Loading...
CHCT Q1 2025 Earnings Report
Community Healthcare Trust Incorporated reported its Q1 2025 earnings with a decrease in net income and EPS compared to the previous year, despite an increase in total revenue.
Key Takeaways
Community Healthcare Trust Incorporated reported total revenues of $30.078 million for the three months ended March 31, 2025, an increase from $29.333 million in the same period last year. However, net income decreased significantly to $1.591 million, or $0.03 per common share, compared to $3.665 million, or $0.11 per common share, in Q1 2024. The company's total assets stood at $985.114 million as of March 31, 2025.
Total revenues increased by 2.5% to $30.078 million in Q1 2025 from $29.333 million in Q1 2024.
Net income decreased by 56.6% to $1.591 million in Q1 2025 from $3.665 million in Q1 2024.
Diluted EPS fell to $0.03 in Q1 2025 from $0.11 in Q1 2024.
The company acquired one property for $9.7 million and disposed of one property for $0.6 million in April 2025.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The company anticipates closing on seven properties under definitive purchase agreements throughout 2025, 2026, and 2027, funding these acquisitions with cash from operations, net proceeds from equity or debt issuances, or from asset sales. They expect to meet liquidity needs through cash on hand, cash flows from operations, and cash flows from other sources.
Positive Outlook
- Anticipated acquisitions of seven properties under definitive purchase agreements.
- Funding for acquisitions expected from diverse sources including cash from operations, equity, debt, and asset sales.
- Continued focus on managing interest rate risk through derivative financial instruments.
- Ability to issue and sell shares under the ATM Program provides flexibility for capital raising.
- The company believes its liquidity and sources of capital are adequate to satisfy its cash requirements.
Challenges Ahead
- Uncertainty regarding the timing and actual closing of anticipated property acquisitions.
- Potential adverse impact of higher interest rates on real estate asset values and interest expense.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...