M&A
confidence high
sentiment neutral
materiality 0.75
Healthpeak merger pro forma shows 2023 diluted EPS $0.22, Q1 2024 loss $0.03
HEALTHPEAK PROPERTIES, INC.
- Pro forma 2023 revenue $2.77B, net income $152.7M; diluted EPS $0.22.
- Pro forma Q1 2024 revenue $698.7M, net loss $18.3M; diluted LPS $(0.03).
- Merger consideration: 0.674 Healthpeak shares per Physicians Realty Trust share.
- Financed $750M incremental term loan; used to repay $175M DOC revolver and $548M commercial paper.
- Additional depreciation & amortization of $219.8M (2023) and $31.4M (Q1 2024) recorded.