Jun 30, 2022

Healthcare Realty Q2 2022 Earnings Report

Reported results for the second quarter of 2022 on a pre-merger basis.

Key Takeaways

Healthcare Realty Trust reported a net income of $6.1 million, or $0.04 per diluted common share, for the quarter ended June 30, 2022. Normalized FFO for the three months ended June 30, 2022 totaled $67.0 million, or $0.45 per diluted common share.

Normalized FFO per share totaled $0.45, an increase of 4.7% from $0.43 in the second quarter of 2021.

Same store cash NOI for the second quarter increased 3.3% over the prior year.

Portfolio leasing activity in the second quarter totaled 447,000 square feet related to 145 leases.

The Company acquired eight medical office buildings totaling 219,000 square feet for $117.6 million in the second quarter of 2022.

Total Revenue
$145M
Previous year: $131M
+10.6%
EPS
$0.45
Previous year: $0.43
+4.7%
Occupancy Rate
78.4%
Previous year: 87.9%
-10.8%
Gross Profit
$88.3M
Previous year: $79.9M
+10.5%
Cash and Equivalents
$29.7M
Previous year: $19.8M
+50.1%
Total Assets
$6.82B
Previous year: $6.73B
+1.3%

Healthcare Realty

Healthcare Realty

Healthcare Realty Revenue by Segment

Revenue & Expenses

Visualization of income flow from segment revenue to net income