Nationwide Health Properties Inc. (NHP) reported third-quarter income available to stockholders of $29.692 million compared to $27.192 million last year. Earnings per share available to stockholders was $0.27, flat with last year.
FFO available to stockholders increased to $61.886 million from $56.352 million a year ago. Diluted funds from operations was $63.337 million compared to $58.413 million a year ago. Recurring diluted funds from operations was $63.005 million compared to $58.413 million last year.
Diluted FFO per share was $0.56, flat with prior year. Recurring diluted FFO per share was $0.56, flat with a year ago.
On average, 12 analysts polled by Thomson Reuters expected the company to report profit of $0.56 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue increased to $97.824 million from $94.581 million last year. Analysts expected revenue of $94.41 million for the quarter.
The company has decreased by $0.02 per share the high end of the range from $2.25 per share to $2.23 per share for its full-year 2009 recurring diluted FFO guidance.
The company also decreased by $0.02 per share the high end of the range from $2.23 per share to $2.21 per share for its full-year 2009 recurring diluted FAD guidance.
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