Healthpeak Properties, Inc. Reports Increase In Q3 Bottom Line, Beats estimates

(RTTNews) - Healthpeak Properties, Inc. (PEAK) revealed earnings for its third quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $353.37 million, or $0.65 per share. This compares with $54.44 million, or $0.10 per share, in last year's third quarter.

Analysts on average had expected the company to earn $0.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.1% to $520.41 million from $481.47 million last year.

Healthpeak Properties, Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $353.37 Mln. vs. $54.44 Mln. last year. -EPS (Q3): $0.65 vs. $0.10 last year. -Analyst Estimate: $0.11 -Revenue (Q3): $520.41 Mln vs. $481.47 Mln last year.