Healthcare Realty Trust Inc reports results for the quarter ended in March - Earnings Summary

Healthcare Realty Trust

07/05/2024 14:52

* Healthcare Realty Trust Inc  HR.N  reported a quarterly
adjusted
loss of 16 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of -23 cents.  The mean expectation of
seven analysts for the quarter was for a loss of 11 cents per
share. Wall Street expected results to range from -14 cents
to -3 cents per share.
    * Revenue fell 1.8% to $326.81 million from a year ago;
analysts
expected $326.89 million. 
    * Healthcare Realty Trust Inc's reported EPS for the quarter
was a
loss of 82 cents​.
    * The company reported a quarterly loss of $310.84 million.
    * Healthcare Realty Trust Inc shares had risen by 5.9% this
quarter and lost 13.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.3%
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 "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "hold"

Wall Street's median 12-month price target for Healthcare Realty
Trust Inc is $15.50 
This summary was machine generated from LSEG data May 7 at 01:52
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
 Mar. 31 2024      0.38           0.39           Beat
 Dec. 31 2023      0.40           0.39           Missed
 Sep. 30 2023      0.39           0.39           Met
 Jun. 30 2023      0.40           0.39           Missed