DHC - Diversified Healthcare Trust FFO of $0.05 misses by $0.04 revenue of $346.2M misses by $6.95M
2023-08-01 16:34:53 ET
- Diversified Healthcare Trust press release ( NASDAQ: DHC ): Q2 FFO of $0.05 misses by $0.04 .
- Revenue of $346.2M (+10.6% Y/Y) misses by $6.95M .
- Leased 323,781 square feet in DHC's Office Portfolio at weighted average rents that were 1.3% higher than prior rents for the same space.
- SHOP occupancy increased 420 basis points to 77.8% and average monthly rates increased by 7.3% year over year, resulting in a 13.7% increase in revenues.
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Diversified Healthcare Trust FFO of $0.05 misses by $0.04, revenue of $346.2M misses by $6.95M