Community Healthcare Trust (CHCT) Misses Q4 EPS by 6c, Revenues Miss
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Community Healthcare Trust Announces Results for the Three Months Ended December 31, 2019
February 25, 2020 4:55 PM ESTFRANKLIN, Tenn., Feb. 25, 2020 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended December 31, 2019. The Company reported net income for the fourth quarter of approximately $2.2 million, or $0.09 per diluted common share. Funds from operations and adjusted funds from operations ("AFFO") for the three months ended December 31, 2019 totaled $0.47 and $0.49, respectively, per diluted common share.
Highlights include:
During the fourth quarter of 2019, the Company sold, through its at-the-market offering program ("ATM Program"), 1,352,985 shares of common stock at an average... More