earnings
confidence high
sentiment negative
materiality 0.85
CHCT posts Q1 net loss $6.9M on $11.8M CEO death charge; AFFO $0.62/sh
Community Healthcare Trust Inc
2023-Q1 EPS reported
-$0.32
revenue$27,176,000
- Net loss of $6.9M ($0.32 diluted loss) includes $11.8M accelerated amortization from former CEO Timothy Wallace's death.
- AFFO per diluted share $0.62, up from $0.61 in Q1 2022; FFO $0.09 per diluted share.
- Acquired 7 properties for $23.4M (162k sq ft, 100% leased); pipeline of $19.7M expected Q2 and $214.5M for future closings.
- Quarterly dividend declared $0.45 per share, payable May 26, 2023 to holders of record May 12.
- David H. Dupuy appointed CEO (continues as CFO) after Timothy Wallace's death on March 3, 2023.