CHCT Q2 2024 Earnings Report

Community Healthcare Trust announced results indicating a net loss, but also reported acquisitions and progress in their at-the-market offering program.

Key Takeaways

Community Healthcare Trust reported a net loss of $10.4 million for the quarter ended June 30, 2024, or $0.42 per diluted common share. However, the company acquired one inpatient rehabilitation facility and issued shares of common stock through its at-the-market offering program. As of June 30, 2024, the Company had investments of approximately $1.1 billion in 198 real estate properties.

Reported a net loss of $10.4 million, or $0.42 per diluted common share.

FFO was $0.43 per diluted common share.

AFFO was $0.53 per diluted common share.

Acquired one inpatient rehabilitation facility for approximately $23.5 million.

Total Revenue

$27.5M

Previous year: $27.8M