Community Healthcare Trust (CHCT) Reports In-Line Q3 EPS, Revenues Beat
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Community Healthcare Trust Announces Results for the Three Months Ended September 30, 2020
November 3, 2020 4:45 PM ESTFRANKLIN, Tenn., Nov. 3, 2020 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended September 30, 2020. The Company reported net income for the third quarter of approximately $5.2 million, or $0.22 per diluted common share. Funds from operations and adjusted funds from operations ("AFFO") for the three months ended September 30, 2020 totaled $0.52 and $0.53, respectively, per diluted common share.Â
Highlights include:
During the third quarter of 2020, the Company issued, through its at-the-market offering program ("ATM Program"), 536,839 shares of common stock at an average... More