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American Healthcare REIT, Inc. (AHR)
NYSE:AHR
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Earnings Data
Report Date
Mar 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.06Last Year’s EPS
-$0.42Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: 7.10%
|Next Earnings Date:Mar 20, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance with significant growth in NOI, successful strategic acquisitions, and improved financial guidance, indicating a positive outlook. There were some concerns about potential inflation impacts and labor market challenges, but these were outweighed by the achievements and growth prospects.Company Guidance
During the American Healthcare REIT (AHR) Q3 2024 earnings call, the company provided updated guidance metrics, reflecting strong operational performance and strategic growth initiatives. The firm's guidance for full-year 2024 total portfolio same-store NOI growth was raised to a range of 15% to 17%, up 300 basis points at the midpoint from previous guidance. Specifically, same-store NOI growth expectations for their integrated senior health campuses were increased to 21% to 23%, for their SHOP segment to 51.5% to 53.5%, and for their Triple-Net Leased Properties segment to 2% to 4%. The company's normalized funds from operations (NFFO) per fully diluted share guidance was significantly increased to a range of $1.40 to $1.43, an increase of $0.165 at the midpoint from prior estimates. AHR's strategic acquisition of the remaining 24% minority interest in Trilogy and a SHOP portfolio in Washington State were highlighted as key transactions driving these positive revisions. The company also noted successful capital allocation initiatives, including a public stock offering that raised approximately $471.2 million, which helped pay down $194 million in credit lines, enhancing financial flexibility for further growth.Strong Same-Store NOI Growth
Total portfolio same-store NOI grew by 17% year-over-year in Q3. Specific segments like Trilogy saw 22.6% growth and the SHOP segment achieved 61.8% growth.
Successful Trilogy Acquisition
Completed acquisition of the remaining 24% minority interest in Trilogy for $258 million, allowing better optimization of capital allocation.
Increased Financial Guidance
Raised 2024 same-store NOI growth guidance to 15%-17% and NFFO per diluted share guidance to $1.40-$1.43.
Strong Balance Sheet Improvements
Reduced debt to EBITDA to 5.1x, a reduction of nearly 1.5x since the end of Q1 2024, through strong property performance and debt paydowns.
Robust Investment Activity
Closed over $650 million of investments YTD, including the Trilogy acquisition, and raised $471.2 million in a follow-on public offering.
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AHR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AHR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $25.91 | $26.80 | +3.43% |
| Aug 05, 2024 | $15.52 | $16.50 | +6.31% |
| May 13, 2024 | $13.72 | $13.63 | -0.66% |
| Mar 21, 2024 | $13.57 | $13.33 | -1.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does American Healthcare REIT, Inc. (AHR) report earnings?
American Healthcare REIT, Inc. (AHR) is schdueled to report earning on Mar 20, 2025, TBA Not Confirmed.
What is American Healthcare REIT, Inc. (AHR) earnings time?
American Healthcare REIT, Inc. (AHR) earnings time is at Mar 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AHR EPS forecast?
AHR EPS forecast for the fiscal quarter 2024 (Q4) is $0.06.
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