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Compared to Estimates, Healthcare Realty Trust (HR) Q2 Earnings: A Look at Key Metrics
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Healthcare Realty Trust (HR - Free Report) reported $316.32 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 6.5%. EPS of $0.38 for the same period compares to -$0.22 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $322.07 million, representing a surprise of -1.79%. The company has not delivered EPS surprise, 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
: $308.14 million versus the three-analyst average estimate of $317.83 million. The reported number represents a year-over-year change of -6.5%.
Revenues- Interest income
: $3.87 million compared to the $4.71 million average estimate based on three analysts. The reported number represents a change of -8.7% year over year.
Revenues- Other operating
: $4.32 million versus $4.55 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.2% change.
Net Earnings per Share (Diluted)
: -$0.39 versus the four-analyst average estimate of -$0.08.
Shares of Healthcare Realty Trust have returned +4.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Compared to Estimates, Healthcare Realty Trust (HR) Q2 Earnings: A Look at Key Metrics
Healthcare Realty Trust (HR - Free Report) reported $316.32 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 6.5%. EPS of $0.38 for the same period compares to -$0.22 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $322.07 million, representing a surprise of -1.79%. The company has not delivered EPS surprise, 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:
View all Key Company Metrics for Healthcare Realty Trust here>>>Revenues- Rental income
: $308.14 million versus the three-analyst average estimate of $317.83 million. The reported number represents a year-over-year change of -6.5%.Revenues- Interest income
: $3.87 million compared to the $4.71 million average estimate based on three analysts. The reported number represents a change of -8.7% year over year.Revenues- Other operating
: $4.32 million versus $4.55 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.2% change.Net Earnings per Share (Diluted)
: -$0.39 versus the four-analyst average estimate of -$0.08.Shares of Healthcare Realty Trust have returned +4.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.