Mark your calendars for Tuesday 29th October 2024, as Community Healthcare Trust Incorporated (NYSE: CHCT) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place after market close, pave the way to review a period of expectation and anticipation.
According to the predictions of financial experts on Wall Street, the establishment is set to unveil an estimated $0.07 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $29.53 million for the specific period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $116.72 million. Additionally, they are expecting the company to achieve a per share loss of $0.12 for the fiscal year 2024.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.63. This figure was a result of the company's total revenue, which reached an impressive $28.74 million million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.53 | -15.9% | 27.52 M | -1.1% |
| Q1 2024 | $0.59 | -4.8% | 29.33 M | +7.9% |
| Q4 2023 | $0.61 | -3.2% | 29.12 M | +14.9% |
| Q3 2023 | $0.63 | 0% | 28.74 M | +15.8% |
| Q2 2023 | $0.63 | +1.6% | 27.81 M | +15.6% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 30th October 2024 at 10:00 AM eastern time to discuss Q3 financial results.
Friday's trading saw Community Healthcare Trust Incorporated (CHCT) shares hit a low of $16.95 and a high of $18.38, with a day volume of 510.10 thousand shares. The stock closed the regular trading session at $17.62, indicating 5.13 percent upturn.