Why Diversified Healthcare Trust Stock Is Skyrocketing Today
This result came in well above the consensus estimate of $330.1 million. The healthcare REIT posted a net loss in Q4 of $65.3 million, or $0.27 per share, compared to positive earnings of $365.6 million, or $1.54 per share, in the prior-year period. Arguably the most important number for Diversified Healthcare Trust, though, was its normalized funds from operations (FFO) of $8.1 million, or $0.03 per share.