Healthpeak Q1 FFO as Adjusted $0.45 beats; raises full-year guidance midpoint by $0.02

HEALTHPEAK PROPERTIES, INC.

2024-Q1 EPS reported $0.01 revenue$606,560,000

Q1 net income $0.01/sh; FFO as Adj $0.45 (vs $0.42 YoY); AFFO $0.41 (vs $0.38).
Same-store Cash NOI grew 4.5%; full-year FFO as Adj midpoint +$0.02; NOI growth +25 bps.
Repurchased $100M stock at avg $17.11; YTD dispositions $363M; new $750M term loan at 4.5% fixed.
Net debt to EBITDAre 5.2x; merger synergy forecast raised by $5M to $45M.
Internalized property management in 10 markets (17M sq ft) year-to-date.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HEALTHPEAK PROPERTIES, INC. reported the three months ended March 31, 2024 results: net income $0.01 per share. Guidance raised.

Period: the three months ended March 31, 2024
Net income: $0.01 per share
Guidance: raised
Result: reported results

Exact text from the filing

Healthpeak Properties, Inc., a Maryland corporation (“Healthpeak”), issued a press release setting forth its financial results for the three months ended March 31, 2024.

View on SEC.gov

460 earnings releases filed in the last 30 days. Browse all earnings releases →

HEALTHPEAK PROPERTIES, INC. filing history →

Source: SEC EDGAR

accession 0001628280-24-018179

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.