Healthpeak Properties Beats Q2 FFO Estimates on Leasing and Senior Housing Gains

EarningsCorporate Action
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Healthpeak Properties reported second-quarter 2026 adjusted funds from operations of 46 cents per share, beating the Zacks Consensus Estimate of 44 cents by 4.6%. Total revenues rose 11.1% year over year to $771.6 million, exceeding the consensus of $726.2 million. The results were driven by solid leasing across outpatient medical and lab properties, with combined new and renewal lease executions totaling 1.6 million square feet, and a 19.2% increase in senior housing same-store adjusted net operating income. Management raised its full-year 2026 adjusted FFO guidance to a range of $1.73 to $1.77 per share, up from $1.71 to $1.75. The company also completed the sale of a 49% interest in an 86-property outpatient medical portfolio to Brookfield for approximately $1.025 billion, retaining a 51% stake and continuing to provide management services.

Impact on stocks 4

Real Estate · 2 stocks
Aging Population · 1 stocks
Healthpeak Properties Inc
DOC
▲ PositiveCapitalrelevance

Beats Q2 FFO estimates, raises full-year guidance, and completes $1.025B portfolio sale, boosting financial outlook.

Financials · 1 stocks
Brookfield Asset Management Ltd.
BAM
▲ PositiveCapitalrelevance

Brookfield acquires 49% stake in Healthpeak's outpatient medical portfolio for ~$1.025B, expanding its healthcare real estate holdings.