Community Healthcare Trust Inc reports results for the quarter ended in December - Earnings Summary

Community Healthcare Trust

13/02/2024 23:30

* Community Healthcare Trust Inc  CHCT.N  reported quarterly
adjusted earnings of 15 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of 19 cents.  The mean expectation of
two analysts for the quarter was for earnings of 15 cents per
share. 
    * Revenue rose 14.9% to $29.12 million from a year ago;
analysts
expected $29.76 million. 
    * Community Healthcare Trust Inc's reported EPS for the
quarter
was 15 cents​.
    * The company reported quarterly net income of $4.57
million.
    * Community Healthcare Trust Inc shares had risen by 3.4%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "buy"

Wall Street's median 12-month price target for Community
Healthcare Trust Inc is $33.50 
This summary was machine generated from LSEG data February 13 at
11:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.58           0.57           Missed
 Sep. 30 2023      0.60           0.58           Missed
 Jun. 30 2023      0.57           0.62           Beat
 Mar. 31 2023      0.57           0.09           Missed