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

Community Healthcare Trust

31/07/2024 08:37

* Community Healthcare Trust Inc  CHCT.N  reported quarterly
adjusted earnings of 2 cents​​ per share for the quarter ended
in June, lower than the same quarter last year, when the company
reported EPS of 24 cents.  The lone analyst forecast for the
quarter was for earnings of 15 cents per share. 
    * Revenue fell 1.1% to $27.52 million from a year ago;
analysts
expected $30.66 million. 
    * Community Healthcare Trust Inc's reported EPS for the
quarter
was a loss of 42 cents​.
    * The company reported a quarterly loss of $10.43 million.
    * Community Healthcare Trust Inc shares had risen by 17.6%
this
quarter and gained 3.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 $27.50 
This summary was machine generated from LSEG data July 31 at
07:37 a.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
 Jun. 30 2024      0.55           0.43           Missed
 Mar. 31 2024      0.56           0.53           Missed
 Dec. 31 2023      0.58           0.57           Missed
 Sep. 30 2023      0.60           0.58           Missed