Physicians Realty Trust (DOC) Tops Q2 EPS by 11c; raises guidance

Physicians Realty Trust (NYSE: DOC) reported Q2 EPS of $0.21, $0.11 better than the analyst estimate of $0.10. Revenue for the quarter came in at $695.5 million versus the consensus estimate of $665.1 million.

GUIDANCE:

Physicians Realty Trust sees FY2024 EPS of $0.27-$0.31, versus the consensus of $0.40.

Diluted Nareit FFO per share from $1.56 – $1.60 to $1.59 – $1.63

Diluted FFO as Adjusted per share from $1.76 – $1.80 to $1.77 – $1.81

Diluted AFFO per share from $1.53 – $1.57 to $1.54 – $1.58

Total Merger-Combined Same-Store Cash (Adjusted) NOI growth from 2.50% – 4.00% to 2.75% – 4.25%

For earnings history and earnings-related data on Physicians Realty Trust (DOC) click here.

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