Quarterly ResultAug 4, 2026, 04:28 PM
Healthpeak Properties Q2 EPS $0.08, FFO $0.46; Raises FY26 Guidance
AI Summary
Healthpeak Properties reported its second quarter 2026 financial results, with net income of $0.08 per share and FFO as Adjusted of $0.46 per share. The company increased its full year 2026 earnings guidance for both diluted EPS and FFO as Adjusted. Key highlights include generating $1.4 billion from Outpatient Medical recapitalizations and dispositions, including a $1.025 billion joint venture with Brookfield, and authorizing a new $500 million share repurchase program. Occupancy rates for Outpatient Medical and Lab segments also saw sequential increases.
Key Highlights
- Reported Q2 2026 Net income of $0.08 per share.
- Reported Q2 2026 FFO as Adjusted of $0.46 per share.
- Increased full year 2026 Diluted EPS guidance by $0.02 to $0.48-$0.52.
- Increased full year 2026 FFO as Adjusted guidance by $0.02 to $1.73-$1.77.
- Authorized a new $500 million share repurchase program.
- Generated $1.4 billion from Outpatient Medical recapitalizations and dispositions.
- Declared a monthly cash dividend of $0.10167 per share for Q3 2026.
- Total occupancy increased sequentially: Outpatient Medical to 90.7% and Lab to 78.5%.
Price Impact
More from DOC