Community Healthcare Trust Incorporated announced its results for the three months ended December 31, 2024, on February 18, 2025. The company reported net income of approximately $1.8 million, or $0.04 per diluted common share.
Funds from operations (FFO) for the quarter totaled $0.48 per diluted common share, while adjusted funds from operations (AFFO) reached $0.55 per diluted common share. The reported FFO of $0.55 per share surpassed analyst estimates of $0.54 per share.
Total revenues for the quarter were $29.298 million, a slight increase from $29.124 million in the prior year's fourth quarter. However, net income, FFO, and AFFO per diluted common share were lower compared to the fourth quarter of 2023, which saw net income of $4.567 million, FFO of $0.57, and AFFO of $0.61.
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