Healthcare Realty Trust Second Quarter Earnings Sneak Peek

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Healthcare Realty Trust Inc (NYSE:HR) will unveil its latest earnings on Tuesday, July 31, 2012. Healthcare Realty Trust is a real estate investment trust which integrates owning, acquiring, managing and developing income-producing real estate properties associated with delivery of outpatient healthcare services throughout the United States.

Healthcare Realty Trust Inc Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 33 cents per share, a rise of 6.5% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 32 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 33 cents during the last month. Analysts are projecting profit to rise by 17.4% compared to last year’s $1.35.

Past Earnings Performance: The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting net income of 35 cents per share, and the previous quarter, it had profit of 33 cents.

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A Look Back: In the first quarter, the company swung to a profit of $3.1 million (4 cents a share) from a loss of $5.8 million (9 cents) a year earlier, beating analyst estimates. Revenue rose 7.6% to $78.4 million from $72.8 million.

Stock Price Performance: Between April 30, 2012 and July 25, 2012, the stock price rose $2.57 (12%), from $21.48 to $24.05. The stock price saw one of its best stretches over the last year between January 13, 2012 and January 27, 2012, when shares rose for 10 straight days, increasing 11.3% (+$2.14) over that span. It saw one of its worst periods between April 2, 2012 and April 11, 2012 when shares fell for seven straight days, dropping 5.8% (-$1.28) over that span.

Wall St. Revenue Expectations: Analysts predict a rise of 7.2% in revenue from the year-earlier quarter to $78.6 million.

Key Stats:

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 10.1% in the second quarter of the last fiscal year, 16.8% in the third quarter of the last fiscal year and 14.3% in the fourth quarter of the last fiscal year before increasing again in the first quarter.

Analyst Ratings: There are mostly holds on the stock with 11 of 14 analysts surveyed giving that rating.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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