NYSE$HR

Healthcare Realty Trust Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported results for the second quarter of 2022 on a pre-merger basis.

Healthcare Realty Trust reported a net income of $6.1 million, or $0.04 per diluted common share, for the quarter ended June 30, 2022. Normalized FFO for the three months ended June 30, 2022 totaled $67.0 million, or $0.45 per diluted common share.

  • Normalized FFO per share totaled $0.45, an increase of 4.7% from $0.43 in the second quarter of 2021.
  • Same store cash NOI for the second quarter increased 3.3% over the prior year.
  • Portfolio leasing activity in the second quarter totaled 447,000 square feet related to 145 leases.
  • The Company acquired eight medical office buildings totaling 219,000 square feet for $117.6 million in the second quarter of 2022.

Headline financials

Total Revenue

$145M

Previous: $189M-23.0%
EPS (adj)

$0.45

Previous: $0.43+4.7%
Capital Expenditures

-$294M

Previous: -$84.6M-248.0%
Free Cash Flow

-$288M

Previous: -$46.6M-518.8%
Net Income

$6.13M

Previous: $38M-83.9%
Operating Income

$22M

Previous: $28.5M-22.6%
Gross Profit

$88.3M

Previous: $131M-32.7%
Cash & Equivalents

$34.3M

Previous: $19.8M+73.3%
Total Assets

$4.55B

Previous: $6.73B-32.4%
Stock-Based Comp

$3.36M

Previous: $2.07M+62.5%

Revenue & EPS history

Healthcare Realty · Revenue · Quarterly

$145M

Q2 2022-23%vs Q2 2021
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

Healthcare Realty · $143M total across 2 segments · Q2 2022

  • Rental Income
    $141M
  • Interest Income
    $1.96M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-0.6%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-0.2%

Avg return

30 days after

45%

29 / 65 earnings

Positive

+5.8%

Q3 2022

Best reaction

-10.1%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.9%+8.2%+6.6%
Q4 2025+2.7%+3.1%+2.8%
Q3 2025-0.6%+1.0%+2.6%
Q1 2025-4.4%-4.3%-8.7%
Q4 2024-1.3%-1.0%-2.2%
Q3 2024-5.3%-5.1%+1.0%
Q2 2024-0.3%+0.8%+1.7%
Q1 2024+2.1%+2.5%+10.2%
Q4 2023-10.1%-8.8%-17.8%
Q3 2023+1.1%-1.1%+5.1%
Q2 2023-6.0%-8.5%-15.3%
Q1 2023-1.5%+0.6%-1.4%
Q4 2022+0.7%-4.0%-5.9%
Q3 2022+5.8%+0.4%+0.6%
Q2 2022+3.6%+3.9%-4.0%
Q1 2022-0.2%-2.4%-9.8%
Q4 2021-8.8%-4.5%-5.2%
Q3 2021+1.2%+1.8%-0.9%
Q2 2021-2.6%-0.5%-2.3%
Q1 2021+2.5%+0.8%-1.4%
Q4 2020+0.4%+0.7%-0.3%
Q3 2020+4.6%+7.3%+3.8%
Q2 2020+1.6%-1.6%+2.8%
Q1 2020+4.0%+9.2%+10.0%
Q4 2019+1.2%+1.8%-6.3%
Q3 2019-6.6%-7.4%-4.6%
Q2 2019-1.1%-0.6%+2.2%
Q1 2019-0.4%+0.3%+4.4%
Q4 2018+2.0%+2.7%+0.4%
Q3 2018-1.3%+2.5%+11.3%
Q2 2018+2.7%+4.1%+4.0%
Q1 2018+1.8%+1.2%+0.4%
Q4 2017-2.1%-0.8%-1.5%
Q3 2017+0.4%+1.3%+2.9%
Q2 2017+0.3%-0.3%+0.5%
Q1 2017-1.5%+1.0%+7.3%
Q4 2016+2.7%+2.8%+3.4%
Q3 2016-3.6%-1.4%-5.5%
Q2 2016+0.3%-0.6%-0.5%
Q1 2016+0.6%
Q4 2015-1.4%
Q3 2015-0.7%
Q2 2015-0.2%
Q1 2015+0.0%
Q4 2014+2.0%
Q3 2014-0.3%
Q2 2014-1.2%
Q1 2014-1.6%
Q4 2013+1.1%
Q3 2013-2.5%
Q2 2013-3.9%
Q1 2013+0.7%
Q4 2012-1.8%
Q3 2012-2.5%
Q2 2012-0.9%
Q1 2012-4.0%
Q1 2011-4.0%
Q4 2009+1.1%
Q4 2011+1.1%
Q3 2011-2.9%
Q4 2010+3.4%
Q2 2011+3.4%
Q3 2010-6.4%
Q2 2010-0.9%
Q1 2010-6.7%

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