Diversified Healthcare (DHC) Misses Q3 FFO and Revenue Estimates

Group 1 - Diversified Healthcare (DHC) reported quarterly funds from operations (FFO) of $0.02 per share, missing the Zacks Consensus Estimate of $0.05 per share, and down from $0.03 per share a year ago, representing an FFO surprise of -60% [1] - The company posted revenues of $373.64 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.84%, compared to year-ago revenues of $356.52 million [2] - Diversified Healthcare shares have lost about 7.2% since the beginning of the year, while the S&P 500 has gained 20.1% [3] Group 2 - The current consensus FFO estimate for the coming quarter is $0.10 on revenues of $386.02 million, and for the current fiscal year, it is $0.20 on revenues of $1.51 billion [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is currently in the top 27% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]