Published on 25 Apr 2024 on GuruFocus.com via Yahoo Finance
Healthpeak Properties Inc (DOC) Q1 2024 Earnings: Modest Gains Amid Strategic Expansions
Net Income: $6.477M, significantly decreased from $117.698M in the previous year.Diluted Earnings Per Share: $0.01, down from $0.22 year-over-year.Total Revenue: $606.56M, up from $525.678M year-over-year.Dividend Declared: Quarterly common stock cash dividend of $0.30 per share, payable on May 17, 2024.Share Repurchase: Repurchased 5.8 million shares for approximately $100 million under the $500 million share repurchase program.Merger-Combined Same-Store Cash NOI Growth: Increased by 4.5% year-over-year.2024 Guidance: Increased diluted earnings per share guidance to $0.16 - $0.20 and FFO as Adjusted per share to $1.76 - $1.80.
Warning! GuruFocus has detected 8 Warning Signs with DOC.