Healthpeak: Q3 Earnings Snapshot
By AP News
Published - Oct 24, 2024, 04:27 PM ET
Last Updated - Dec 16, 2024, 06:00 PM EST
DENVER (AP) — DENVER (AP) — Healthpeak Properties, Inc. (DOC) on Thursday reported a key measure of profitability in its third quarter. The results exceeded Wall Street expectations.
The real estate investment trust, based in Denver, said it had funds from operations of $320.8 million, or 45 cents per share, in the period.
The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 44 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.
