Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
NorthWest Healthcare Properties REIT (TSE:NWH.UN)
TSX:NWH.UN
Holding TSE:NWH.UN?
Track your performance easily
Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 09, 2018
|% Change Since: -9.07%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
The earnings call highlights strong operational performance and strategic debt reduction efforts, although revenue has decreased due to asset disposals. The company has made significant strides in improving efficiency and maintaining high occupancy and rent collection rates. However, financial metrics such as FFO per unit have declined, and the payout ratio remains high.Company Guidance
During the Northwest Healthcare Properties REIT Q3 2024 earnings call, the company reported several key metrics demonstrating its financial performance and strategic advancements. The REIT achieved an industry-leading portfolio occupancy rate of 96%, underpinned by a weighted average lease expiry (WALE) of 13.4 years, with over 86% of leases subject to rent indexation. Same-property net operating income increased by 5% year-over-year to $70.7 million. The REIT's global rent collection rate stood at nearly 99%, and it executed 369,000 square feet of leasing deals with an 88% retention rate. The completion of the U.K. portfolio sale generated $885 million in gross proceeds, significantly aiding in debt reduction, which saw proportionate debt decrease from $3.6 billion to $2.7 billion, reducing leverage by 160 basis points to 57.3%. Despite a 12% year-over-year drop in Q3 revenue from investment properties due to dispositions, the REIT reported an FFO per unit of $0.11, maintaining an AFFO per unit at $0.09, reflecting a payout ratio of 99%. General and administrative expenses were reduced by $2.1 million, contributing to operational efficiency, with a strategic workforce reduction expected to yield annualized savings of $6.5 million.Strong Portfolio Performance
Same-property net operating income increased by 5% compared to the same period last year. Portfolio occupancy is at 96% with a weighted average lease expiry of 13.4 years.
Successful Asset Disposition
Completed the sale of the U.K. portfolio for $885 million, significantly reducing debt and aligning with strategic objectives.
Debt Reduction Achievements
Addressed over 80% of 2025 debt maturities, reducing total debt by $1.1 billion since Q2 2024.
Operational Efficiency Improvements
Reduced workforce by 16%, leading to expected annual cash savings of approximately $6.5 million.
High Rent Collection Rate
Global rent collection rate at September 30, 2024, was nearly 99%.
---
NorthWest Healthcare Properties REIT (TSE:NWH.UN) Earnings, Revenues Date & History
TSE:NWH.UN 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
---
TSE:NWH.UN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | C$4.92 | C$4.86 | -1.20% |
| Aug 13, 2024 | C$4.85 | C$4.62 | -4.80% |
| May 14, 2024 | C$5.08 | C$5.04 | -0.75% |
| Mar 14, 2024 | C$3.96 | C$4.30 | +8.55% |
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.
---
FAQ
When does NorthWest Healthcare Properties REIT (TSE:NWH.UN) report earnings?
NorthWest Healthcare Properties REIT (TSE:NWH.UN) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is NorthWest Healthcare Properties REIT (TSE:NWH.UN) earnings time?
NorthWest Healthcare Properties REIT (TSE:NWH.UN) earnings time is at Mar 06, 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 TSE:NWH.UN EPS forecast?
Currently, no data Available
---