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Dec 31, 2022
Healthcare Realty Q4 2022 Earnings Report
Announced results for the fourth quarter ended December 31, 2022.
Key Takeaways
Healthcare Realty Trust Incorporated reported a net loss attributable to common stockholders of $35.8 million, or $0.09 per diluted common share, for the quarter ended December 31, 2022. Normalized FFO for the three months ended December 31, 2022 totaled $159.8 million, or $0.42 per diluted common share.
Normalized FFO per share totaled $0.42.
Same store cash NOI, including the Company's share of joint ventures, for the fourth quarter increased 2.8% over the prior year.
Tenant retention of 75.7%.
Year-over-year occupancy increased 169,000 square feet, or 50 basis points, to 89.3%. Sequential occupancy increased 59,000 square feet, or 20 basis points.
Forward Guidance
The expected run-rates do not adjust for future changes in interest rates, portfolio NOI growth, or external investment activity. The expected run-rates also do not include any dispositions beyond those expected to repay the $1.125 billion asset sale term loan.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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