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Here's What Key Metrics Tell Us About Healthcare Realty Trust (HR) Q3 Earnings
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For the quarter ended September 2024, Healthcare Realty Trust (HR - Free Report) reported revenue of $315.42 million, down 7.8% over the same period last year. EPS came in at $0.39, compared to -$0.18 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $314.95 million, representing a surprise of +0.15%. The company delivered an EPS surprise of +2.63%, with the consensus EPS estimate being $0.38.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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 Healthcare Realty Trust performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Rental income: $306.50 million versus the three-analyst average estimate of $309.88 million. The reported number represents a year-over-year change of -8.1%.
Revenues- Interest income: $3.90 million compared to the $5.10 million average estimate based on three analysts. The reported number represents a change of -8.4% year over year.
Revenues- Other operating: $5.02 million versus $4.90 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.7% change.
Net Earnings per Share (Diluted): -$0.26 compared to the -$0.02 average estimate based on four analysts.
Shares of Healthcare Realty Trust have returned +1.3% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Here's What Key Metrics Tell Us About Healthcare Realty Trust (HR) Q3 Earnings
For the quarter ended September 2024, Healthcare Realty Trust (HR - Free Report) reported revenue of $315.42 million, down 7.8% over the same period last year. EPS came in at $0.39, compared to -$0.18 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $314.95 million, representing a surprise of +0.15%. The company delivered an EPS surprise of +2.63%, with the consensus EPS estimate being $0.38.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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 Healthcare Realty Trust performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Rental income: $306.50 million versus the three-analyst average estimate of $309.88 million. The reported number represents a year-over-year change of -8.1%.
- Revenues- Interest income: $3.90 million compared to the $5.10 million average estimate based on three analysts. The reported number represents a change of -8.4% year over year.
- Revenues- Other operating: $5.02 million versus $4.90 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.7% change.
- Net Earnings per Share (Diluted): -$0.26 compared to the -$0.02 average estimate based on four analysts.
View all Key Company Metrics for Healthcare Realty Trust here>>>Shares of Healthcare Realty Trust have returned +1.3% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.