Physicians Realty Trust: Q1 Earnings Snapshot
By AP News
Published - May 04, 2023, 08:03 AM ET
Last Updated - Jun 21, 2023, 10:54 PM EDT
MILWAUKEE (AP) — MILWAUKEE (AP) — Physicians Realty Trust (DOC) on Thursday reported a key measure of profitability in its first quarter. The results fell short of Wall Street expectations.
The Milwaukee-based real estate investment trust said it had funds from operations of $60.3 million, or 24 cents per share, in the period.
The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 25 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
