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Sep 30, 2020
Healthcare Realty Q3 2020 Earnings Report
Reported record earnings driven by strong leasing activity and efficient capital management.
Key Takeaways
Healthcare Trust of America reported a net loss of $0.03 per diluted share, including a $0.12 impact from debt extinguishment costs. Normalized FFO reached a record $0.43 per diluted share, and Normalized FAD was $82.4 million, also a record. The company raised its quarterly dividend for the 7th consecutive year and signed 1.1 million square feet of leases.
Net loss attributable to common stockholders was $0.03 per diluted share, including a $0.12 impact from debt extinguishment costs.
Normalized FFO reached a record $0.43 per diluted share.
Normalized FAD was a record $82.4 million.
Signed 1.1 million square feet of leases with renewal releasing spreads of 7.4% and same property tenant retention of 89%.
Forward Guidance
The company anticipates transacting on accretive investments in Q4 2020 and into 2021, utilizing capital already raised.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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