Mar 31, 2022

Healthcare Realty Q1 2022 Earnings Report

Reported first quarter earnings, highlighted by net income of $0.08 per diluted share, FFO of $0.40 per diluted share, and Normalized FFO of $0.44 per diluted share. The company also announced a second quarter dividend of $0.325 per share.

Key Takeaways

Healthcare Trust of America, Inc. announced its first quarter 2022 results, reporting a net income of $0.08 per diluted share. The company also reported Funds From Operations (FFO) of $0.40 per diluted share and Normalized FFO of $0.44 per diluted share. Same-Property Cash Net Operating Income (NOI) grew by 0.8% compared to Q1 2021.

Net income attributable to common stockholders was $0.08 per diluted share.

Funds From Operations (FFO) was $0.40 per diluted share.

Normalized FFO was $0.44 per diluted share, excluding normalizing adjustments totaling approximately $7.4 million.

Same-Property Cash Net Operating Income (NOI) grew by 0.8% compared to Q1 2021.

Total Revenue
$143M
Previous year: $130M
+9.6%
EPS
$0.43
Previous year: $0.42
+2.4%
Occupancy Rate
87.3%
Previous year: 87.9%
-0.7%
Gross Profit
$85.4M
Previous year: $78.1M
+9.4%
Cash and Equivalents
$10.9M
Previous year: $30M
-63.5%
Total Assets
$6.81B
Previous year: $6.7B
+1.8%

Healthcare Realty

Healthcare Realty

Healthcare Realty Revenue by Segment

Forward Guidance

In light of its pending merger transaction with HR, HTA will not provide earnings guidance for 2022 and will not host a conference call or webcast in connection with Q1 2022 financial results.