Diversified Healthcare (DHC) Misses Q3 FFO and Revenue Estimates

Diversified Healthcare (DHC) came out with quarterly funds from operations (FFO) of $0.02 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to FFO of $0.03 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -60%. A quarter ago, it was expected that this residential care real estate investment trust would post FFO of $0.03 per share when it actually produced FFO of $0.03, delivering no surprise. Over th ...