Quarterly ResultMay 1, 2026, 04:15 PM
Healthcare Realty Trust Q1 Net Loss Narrows to $(56)k; EPS $(0.00)
AI Summary
Healthcare Realty Trust reported a significant improvement in its first-quarter 2026 financial results, with net loss attributable to common stockholders narrowing to $(56)k, or $(0.00) per share, compared to a $(44,873)k loss, or $(0.13) per share, in the prior year. Despite a decrease in total revenues to $278,990k, the company saw reduced interest expenses and a substantial gain from asset sales. Operating cash flow increased, and the company initiated significant common stock repurchases.
Key Highlights
- Net loss attributable to common stockholders narrowed to $(56)k from $(44,873)k year-over-year.
- Basic earnings per common share improved to $(0.00) from $(0.13) year-over-year.
- Total revenues decreased to $278,990k from $298,977k year-over-year.
- Net cash provided by operating activities increased to $52,877k from $47,788k year-over-year.
- Gain on sales of real estate properties increased to $10,777k from $2,904k year-over-year.
- Interest expense decreased to $(43,890)k from $(54,812)k year-over-year.
- Repurchased $99,999k of common stock during the quarter.
- Paid dividends of $(83,902)k, or $0.24 per share, to common stockholders.