Health Care Property Investors, Inc. (HCP)

[ScovilleUnits]

Q1 Adj EPS 50c vs 56c Misses 53c Est; Guidance In-Line with Consensus

Tuesday , April 28, 2009 08:48ET

QUARTER RESULTS
Health Care Property Investors, Inc. (HCP) reported Q1 results ended March 2009. Q1 Revenues were $251.62M; +2.79% vs yr-ago; MISSING revenue consensus by -1.99%. Q1 EPS was 17c. Adjusted Q1 EPS was 50c; -10.71% vs yr-ago; MISSING earnings consensus by -5.66%.

Q1 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $251.62M      $244.79M      +2.79%      $256.74M      -1.99% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:                 17c           N/A         N/A           N/A         N/A 
 Adj EPS:             50c           56c     -10.71%           53c      -5.66% 
 ----------  ------------  ------------  ----------  ------------  ----------

GUIDANCE

FY-09 Earnings Outlook [$2.15 - $2.21]: HCP expects FY09 FFO to range between $2.15 and $2.21 per diluted share. The FY-09 earnings forecast is in-line with current consensus estimates.


ORIGINAL EARNINGS RELEASE http://www.knobias.com/story.htm?eid=3.1.6c78cb72bd4c6a1869e20670ccf99b894e360e341b5628d82874fdf1cd85967b
Consensus estimate data provided by Reuters.
Visit Knobias.com for more indepth earnings information.