Community Healthcare Trust (CHCT) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Community Healthcare Trust (CHCT) reported revenue of $29.64 million for the quarter ended September 2024, marking a year-over-year increase of 3.1% [1] - The earnings per share (EPS) for the same period was $0.55, compared to $0.11 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $29.06 million, resulting in a surprise of +2.01% [1] - The company also delivered an EPS surprise of +5.77%, with the consensus EPS estimate being $0.52 [1] Revenue Breakdown - Rental income was reported at $29.34 million, surpassing the average estimate of $28.49 million from three analysts, reflecting a year-over-year change of +5.9% [3] - Other operating interest, net, was reported at $0.30 million, which was below the average estimate of $0.49 million, indicating a significant year-over-year decline of -70.9% [3] - Net earnings per share (diluted) were $0.04, compared to the average estimate of $0.06 from two analysts [3] Stock Performance - Over the past month, shares of Community Healthcare Trust have returned -2.3%, while the Zacks S&P 500 composite has seen a +1.7% change [4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [4]