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Mar 31, 2023
Healthcare Realty Q1 2023 Earnings Report
Reported results for the first quarter of 2023.
Key Takeaways
Healthcare Realty Trust reported a net loss attributable to common stockholders of $87.1 million, or $0.23 per diluted common share, for the quarter ended March 31, 2023. Normalized FFO for the three months ended March 31, 2023 totaled $152.8 million, or $0.40 per diluted common share. Same store cash NOI, including the Company's share of joint ventures, for the first quarter increased 2.8% over the prior year.
Normalized FFO per share totaled $0.40.
Same store cash NOI, including the Company's share of joint ventures, for the first quarter increased 2.8% over the prior year.
Tenant retention of 82.3%.
Year-over-year absorption of 150,000 square feet resulted in an average occupancy increase of 50 basis points, to 89.0%.
Revenue by Segment
Forward Guidance
Leverage is expected to decline from additional asset sales and underlying portfolio NOI growth.The Company expects to generate in excess of $100 million in proceeds over the next twelve months from the repayment of the loan and the sale of the skilled nursing facilities.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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