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Community Healthcare Trust (CHCT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended September 2023, Community Healthcare Trust (CHCT - Free Report) reported revenue of $28.74 million, up 15.8% over the same period last year. EPS came in at $0.63, compared to $0.21 in the year-ago quarter.

The reported revenue represents a surprise of -0.12% over the Zacks Consensus Estimate of $28.77 million. With the consensus EPS estimate being $0.63, the company has not delivered EPS surprise.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Community Healthcare Trust performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenues- Rental income: $27.69 million compared to the $27.41 million average estimate based on three analysts. The reported number represents a change of +15.8% year over year.
  • Revenues- Other operating interest: $1.05 million versus the three-analyst average estimate of $1.06 million. The reported number represents a year-over-year change of +17.7%.
  • Net Earnings Per Share (Diluted): $0.11 versus $0.23 estimated by three analysts on average.
View all Key Company Metrics for Community Healthcare Trust here>>>

Shares of Community Healthcare Trust have returned -2.9% over the past month versus the Zacks S&P 500 composite's -2.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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