Thursday, November 21, 2024
Nicole Guillot Chief Operating Officer & President of PR Newswire | Official website

Community Healthcare Trust Announces Positive Financial Results for Q1 2024

Community Healthcare Trust Incorporated has disclosed its financial performance for the first quarter of 2024, reporting a net income of approximately $3.7 million, equivalent to $0.11 per diluted common share. The Company also revealed that Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the same period amounted to $0.53 and $0.59 per diluted common share, respectively.

Specializing in owning income-producing real estate properties related to outpatient healthcare services across the United States, Community Healthcare Trust Incorporated currently holds investments worth about $1.1 billion in 197 real estate properties spread across 35 states, encompassing approximately 4.4 million square feet in total.

For further insights into the Company's operations, interested parties can visit www.chct.reit. In light of the forward-looking statements made, readers are advised by the Company to be cautious and not overly rely on the information provided, which is subject to uncertainties and risks.

Bill Monroe, reachable at 615-771-3052, serves as the contact person for Community Healthcare Trust Incorporated's latest developments and announcements.

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