Health Care Reit Earnings: What Investors Should Watch

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Health Care Reit (NYSE:HCN) will report earnings before markets open on Tuesday, May 7th. Health Care REIT, Inc. is a real estate investment trust. The Trust invests in senior housing and health care real estate. Health Care also provide an extensive array of property management and development services. The trust owns interests in nursing homes, retirement centers, assisted living facilities, and specialty care hospitals.

Here is your Cheat Sheet to Health Care Reit Earnings:

Earnings Expectations: Analysts expect earnings of $0.91 per share on revenues of $541.53 million. Currently, the company’s P/E ratio stands at 75.89.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.97 to a profit $0.94. For the current year, the average estimate is a profit of $3.78, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Health Care Reit has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 526.41 546.09 578.57 1,330 1,822
Diluted EPS ($) 2.76 1.49 0.83 0.90 0.98

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 352.88 435.36 453.08 474.14 468.54
Diluted EPS ($) 0.1461 0.19 0.25 0.16 0.3463

Past Performance:
Health Care Reit has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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