Healthpeak Properties Inc reports results for the quarter ended in March - Earnings Summary

• Healthpeak Properties Inc DOC reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 22 cents. The mean expectation of seven analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 2 cents to 11 cents per share.

• Revenue rose 15.4% to $606.56 million from a year ago; analysts expected $588.28 million.

• Healthpeak Properties Inc's reported EPS for the quarter was 1 cent​.

• The company reported quarterly net income of $6.48 million.

• Healthpeak Properties Inc shares had fallen by 0.6% this quarter and lost 5.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for Healthpeak Properties Inc is $21.50

This summary was machine generated from LSEG data April 26 at 01:57 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)