Healthcare Realty Trust Posts Negative FFO In FFO - Quick Facts

(RTTNews) - Healthcare Realty Trust Inc. (HR) Tuesday reported a negative funds from operations, or FFO, of $2.0 billion or $0.02 per share, compared to FFO of $26.54 million or $0.34 per share in the same period last year.

Normalized FFO for the quarter was $28.71 million or $0.32 per share. On average, 10 analysts polled by Thomson Reuters expected FFO of $0.28 per share for the quarter. Analysts' estimates typically exclude special items.

For the quarter, the company reported a loss of $24.21 million or $0.27 per share, compared to a profit of $2.91 million or $0.04 per share last year.

Income from continuing operations totaled $26.52 million or $0.30 per share.

Revenues increased to $84.05 million from $77.59 million last year. Analysts expected revenues of $82.27 million.