earnings
confidence high
sentiment positive
materiality 0.85
American Healthcare REIT Q2 net income $2.9M; raises full-year NFFO and NOI guidance
American Healthcare REIT, Inc.
2024-Q2 EPS reported
-$0.02
revenue$1,004,114,000
- GAAP net income of $2.9M ($0.01 diluted EPS) vs net loss of $11.9M in Q2 2023.
- NFFO of $0.33 per diluted share; total portfolio same-store NOI growth 15.7% YoY.
- SHOP same-store NOI +49.1%; ISHC +24.1%; outpatient medical -0.4%.
- FY2024 NFFO guidance raised to $1.23-$1.27 (from $1.18-$1.24); midpoint $1.25.
- FY2024 same-store NOI growth guidance raised to 12%-14% (from 5%-7%); net-debt-to-EBITDA improved to 5.9x.