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Community Healthcare Trust Q3 2024 Earnings Report

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$18.26 -0.59 (-3.13%)
(As of 05:26 PM ET)

Community Healthcare Trust EPS Results

Actual EPS
$0.04
Consensus EPS
$0.43
Beat/Miss
Missed by -$0.39
One Year Ago EPS
$0.63

Community Healthcare Trust Revenue Results

Actual Revenue
$29.64 million
Expected Revenue
$29.06 million
Beat/Miss
Beat by +$580.00 thousand
YoY Revenue Growth
N/A

Community Healthcare Trust Announcement Details

Quarter
Q3 2024
Time
After Market Closes
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Community Healthcare Trust Earnings Headlines

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About Community Healthcare Trust

Community Healthcare Trust (NYSE:CHCT) (the Company'', we'', our'') was organized in the State of Maryland on March 28, 2014. The Company is a fully-integrated healthcare real estate company that owns and acquires real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers. As of March 31, 2024, the Company had investments of approximately $1.1 billion in 197 real estate properties (including a portion of one property accounted for as a sales-type lease with a gross amount totaling approximately $3.0 million and two properties classified as an asset held for sale with an aggregate amount totaling approximately $7.5 million. The properties are located in 35 states, totaling approximately 4.4 million square feet in the aggregate and were approximately 92.3% leased, excluding real estate assets held for sale, at March 31, 2024 with a weighted average remaining lease term of approximately 6.9 years.

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