earnings
confidence high
sentiment positive
materiality 0.75
Healthpeak Q1 net income $0.06/sh, FFO as Adjusted $0.46; same-store NOI up 7%
HEALTHPEAK PROPERTIES, INC.
2025-Q1 EPS reported
$0.06
revenue$702,889,000
- Net income $42.4M ($0.06 diluted EPS); Nareit FFO $0.45/sh, FFO as Adjusted $0.46/sh, AFFO $0.43/sh.
- Total same-store portfolio Cash (Adjusted) NOI growth 7.0% YoY.
- Executed 1.2M sf leases in Q1; outpatient medical +4% cash releasing spreads, lab +5%.
- Repurchased 5.1M shares at avg $18.50 ($94M total) during Q1 and through April 24.
- Issued $500M of 5.375% senior unsecured notes due 10 years; Net Debt/EBITDAre 5.2x; $2.8B liquidity.