Reported 1 day ago
Healthpeak Properties, Inc. (NYSE:DOC) experienced a significant drop of 6.73% in its stock price, closing at $17.6, following a 78% year-on-year decline in net income for Q2, from $145.8 million to $31.5 million. The company also revised its full-year growth guidance downwards, with diluted earnings per share now projected between 25-31 cents. Despite maintaining flat revenues of $694 million for the quarter, a 7% drop in first half revenues was recorded at $1.397 billion.
Source: YAHOO