SAN FRANCISCO (Thomson Financial) - Healthcare Realty Trust Inc. late Monday
reported first-quarter funds from operations of $19.4 million, or 39 cents a
share, in line with the mean 39-cent estimate of analysts polled by Thomson
Reuters.
FFO in the year-ago quarter came to $20.3 million, or 43 cents a share.
Net earnings for the quarter ended March 31 were $6.8 million, or 13 cents a
share, versus $36.3 million, or 76 cents a share, a year earlier.
The first-quarter 2007 results include a gain of $30.4 million related to
the disposal of its senior living assets, the Nashville, Tenn.-based real estate
investment trust said.
Revenue rose to $55 million from $52.6 million a year earlier, versus the
mean Wall Street estimate of $56 million.
The stock closed the regular session down 3 cents at $28.36.
Brigid Gaffikin
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