DOC - Healthpeak Properties Inc. (DOC) Q1 2024 Earnings Call Transcript
2024-04-26 13:43:07 ET
Healthpeak Properties, Inc. (DOC)
Q1 2024 Earnings Conference Call
April 26, 2024 09:00 AM ET
Company Participants
Andrew Johns - Senior Vice President, Investor Relations
Scott Brinker - President and Chief Executive Officer
Peter Scott - Chief Financial Officer
Scott Bohn - Chief Development Officer and Head of Lab
Thomas Klaritch - Chief Operating Officer
Conference Call Participants
Joshua Dennerlein - Bank of America
Austin Wurschmidt - KeyBanc Capital Markets
Juan Sanabria - BMO Capital Markets
Richard Anderson - Wedbush
Michael Griffin - Citi
Michael Carroll - RBC Capital Markets
Wesley Golladay - Baird
James Kammert - Evercore
Michael Mueller - JPMorgan
Michael Stroyeck - Green Street
Vikram Malhotra - Mizuho
Omotayo Okusanya - Deutsche Bank
Presentation
Operator
Thank you for standing by. My name is Eric, and I will be your conference operator today. At this time, I would like to welcome everyone to the Healthpeak Properties to report First Quarter 2024 Financial Results and Host Conference Call and Webcast. All lines have been placed on mute to prevent any background noise. After the speakers' remarks there will be a question-and-answer session. [Operator Instructions].
I would now like to turn the call over to Andrew Johns, Senior Vice President, Investor Relations. Please go ahead.
Andrew Johns
Welcome to Healthpeak's first quarter 2024 financial results conference call. Today's conference call contains certain forward-looking statements. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions. Our forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our expectations.
A discussion of risks and risk factors is included in our press release and detailed in our filings with the SEC. We do not undertake a duty to update any forward-looking statements. Certain non-GAAP financial measures will be discussed on this call. In an exhibit of the 8-K we furnished with the SEC yesterday, we have reconciled our non-GAAP financial measures to most directly comparable GAAP measures in accordance with Reg G requirements. The exhibit is also available on our website at healthpeak.com.
I'll now turn the call over to our President and Chief Executive Officer, Scott Brinker?
Scott Brinker
Okay. Thanks, Andrew. Good morning, and welcome to Healthpeak's first quarter earnings call. Joining me today for prepared remarks is Pete Scott, our CFO; and the senior team is available for Q&A. We are extremely pleased with our first quarter results and our momentum is positive on every key metric. We increased our 2024 earnings guidance by $0.02 at the midpoint, driven by same-store results, outperformance on merger synergies and accretive stock buybacks. The merger has proven to be a meaningful positive catalyst for the company and the integration is exceeding our expectations....
Healthpeak Properties, Inc. (DOC) Q1 2024 Earnings Call Transcript