earnings
confidence high
sentiment positive
materiality 0.85
American Healthcare REIT Q3 NFFO $0.36/share; raises FY2024 NFFO guidance to $1.40-$1.43
American Healthcare REIT, Inc.
2024-Q3 EPS reported
-$0.05
revenue$1,527,928,000
- GAAP net loss $3.1M ($0.03 diluted EPS); NFFO $0.36 per diluted share.
- Total portfolio same-store NOI growth 17.0%, led by SHOP +61.8% and ISHC +22.6%.
- Acquired remaining 24% of Trilogy Holdings for $258M; now sole owner.
- Completed follow-on equity offering of 20M shares, gross proceeds $471M.
- Net-debt-to-annualized EBITDA improved to 5.1x from 5.9x; FY2024 NFFO guidance raised to $1.40-$1.43.