HCP Q3 Profit Rises - Quick Facts

(RTTNews) - HCP (HCP) reported that its third-quarter net income to common shares increased to $233.28 million or $0.51 per share, from $195.63 million or $0.45 per share, last year. Earnings per share from continuing operations was $0.48, compared to $0.44, prior year.

FFO per share increased to $0.73, from $0.67, prior year. FFO as adjusted per share was $0.79, for the quarter.

On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.77 for the quarter. Analysts' estimates typically exclude special items.

Total revenues rose to $543.96 million, from $468.07 million, a year ago. Analysts expected revenue of $510.77 million for the quarter.