Healthpeak Properties Third Quarter 2022 Earnings: EPS Beats Expectations
Healthpeak Properties (NYSE:PEAK) Third Quarter 2022 Results
Key Financial Results
Revenue: US$520.4m (up 8.1% from 3Q 2021).
Funds from operations (FFO): US$225.1m (up 16% from 3Q 2021).
FFO margin: 43% (up from 41% in 3Q 2021).
FFO per share: US$0.4 (up from US$0.36 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Healthpeak Properties EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly.
Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the REITs industry in the US.
Performance of the American REITs industry.
The company's shares are up 2.0% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Healthpeak Properties has 4 warning signs (and 2 which are potentially serious) we think you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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