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Barchart
Barchart
Dipanjan Banchur

Healthpeak Properties' Q2 2024 Earnings: What to Expect

DoC

Healthpeak Properties, Inc. (DOC), headquartered in Denver, Colorado, owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery. Valued at $14.46 billion by market cap, the company owns and develops healthcare real estate for Lab, Outpatient Medical, and CCRC tenants. It has over $20 billion of owned real estate. The leading healthcare REIT is expected to announce its fiscal second-quarter earnings for 2024 after the market closes on Thursday, Jul. 25.

Ahead of the event, analysts expect DOC to report an FFO of $0.44 per share on a diluted basis, down 2.2% from $0.45 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s FFO estimates in its last four quarterly reports. During the previous quarter, new and renewal lease executions totaled 1.6 million square feet, and outpatient medical new and renewal lease executions stood at 1.4 million square feet.

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