SCOTTSDALE, Ariz. (AP) _ Healthcare Trust of America Inc. (HTA) on Friday reported a key measure of profitability in its third quarter. The results met Wall Street expectations.

The real estate investment trust, based in Scottsdale, Arizona, said it had funds from operations of $97.8 million, or 44 cents per share, in the period.

The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 44 cents per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $21.7 million, or 10 cents per share.

The medical office building real estate investment trust posted revenue of $191.3 million in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $191.8 million.

Healthcare Trust of America expects full-year funds from operations in the range of $1.75 to $1.77 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HTA at https://www.zacks.com/ap/HTA

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