Healthpeak Properties, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 02, 2021 at 04:16 pm EDT
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Healthpeak Properties, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 353.52 million compared to USD 301.94 million a year ago. Revenue was USD 481.47 million compared to USD 423.57 million a year ago. Net income was USD 54.71 million compared to net loss of USD 63.42 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to basic loss per share from continuing operations of USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.1 compared to diluted loss per share from continuing operations of USD 0.06 a year ago. Basic earnings per share was USD 0.1 compared to basic loss per share of USD 0.12 a year ago. Diluted earnings per share was USD 0.1 compared to diluted loss per share of USD 0.12 a year ago.
For the nine months, sales was USD 1,022.13 million compared to USD 872.51 million a year ago. Revenue was USD 1,412.98 million compared to USD 1,213.18 million a year ago. Net income was USD 476.78 million compared to USD 267.17 million a year ago. Basic earnings per share from continuing operations was USD 0.17 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to USD 0.32 a year ago. Basic earnings per share was USD 0.88 compared to USD 0.5 a year ago. Diluted earnings per share was USD 0.88 compared to USD 0.5 a year ago.
Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT). The Company acquires, develops, owns, leases, and manages healthcare real estate across the United States. Its strategy is to invest in and manage real estate focused on healthcare discovery and delivery. It has a diversified portfolio of high-quality healthcare properties across three core asset classes of lab, outpatient medical, and continuing care retirement community (CCRC) real estate. The Companyâs segments include Lab, Outpatient medical and CCRC. The lab segment properties contain laboratory and office space, are leased primarily to biotechnology, medical device and pharmaceutical companies, scientific research institutions, government agencies, and other organizations involved in the life science industry. The Outpatient Medical segment includes outpatient medical buildings and hospitals. Outpatient medical buildings typically contain physiciansâ offices and examination rooms.
HEALTHPEAK PROPERTIES, INC. 
