Healthpeak Boosts Revenue and Dividend
Healthpeak Properties (NYSE:DOC), a real estate investment trust (REIT) specializing in the management and acquisition of healthcare-related properties, reported mixed fourth-quarter and full-year 2024 earnings on Monday, Feb. 3. Net income per share of $0.01 missed the $0.05 analyst consensus forecast. Revenue for the quarter came in at $698 million, exceeding the estimate of $689 million. Nariet funds from operations (a key metric among REITs) of $0.44 per share fell 8.3% year over year.
Overall, Q4 showcased a solid performance, reflecting Healthpeak's strategic focus and operational resilience in what has become a troubled segment of the economy.
Source: Healthpeak Properties. Note: Analysts' consensus estimates for the quarter provided by FactSet. YOY = Year over year. pps = Percentage points. FFO = Fundas from operations. EBITDAre = Earnings before interest expense, income taxes, depreciation and amortization, gains or losses from sales of depreciable property, and real estate impairment losses.
Source Fool.com
