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

Community Healthcare Trust

31/10/2023 23:28

* Community Healthcare Trust Inc  CHCT.N  reported quarterly
adjusted earnings of 11 cents​​ per share for the quarter ended
in September, lower than the same quarter last year, when the
company reported EPS of 21 cents.  The mean expectation of
two analysts for the quarter was for earnings of 25 cents per
share. Wall Street expected results to range from 23 cents to 26
cents per share.
    * Revenue rose 15.8% to $28.74 million from a year ago;
analysts
expected $28.87 million. 
    * Community Healthcare Trust Inc's reported EPS for the
quarter
was 11 cents​.
    * The company reported quarterly net income of $3.49
million.
    * Community Healthcare Trust Inc shares had fallen by 5.0%
this
quarter and lost 21.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.3%
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 5 "strong buy" or "buy," 1
"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 $39.50 
This summary was machine generated from LSEG data October 31 at
11:27 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.58           0.56           Missed