Health Care Property Investors, Inc. (HCP)

[ScovilleUnits]

Q2 Adj EPS 55c vs 50c Beats 51c Est; Guidance Above Consensus

Tuesday , August 04, 2009 08:52ET

QUARTER RESULTS
Health Care Property Investors, Inc. (HCP) reported Q2 results ended June 2009. Q2 Revenues were $267.34M; +7.46% vs yr-ago; BEATING revenue consensus by +5.36%. Q2 EPS was 35c. Adjusted Q2 EPS was 55c; +10.00% vs yr-ago; BEATING earnings consensus by +7.84%.

Q2 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $267.34M      $248.78M      +7.46%      $253.74M      +5.36% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:                 35c           N/A         N/A           N/A         N/A 
 Adj EPS:             55c           50c     +10.00%           51c      +7.84% 
 ----------  ------------  ------------  ----------  ------------  ----------

GUIDANCE
FY-09 Earnings Outlook [$2.13 - $2.19]: The Company expects net income applicable to common shares to range between $0.98 and $1.04 per diluted share and FFO applicable to common shares to range between $2.13 and $2.19 per diluted share. The FY-09 earnings forecast is above current consensus estimates.


ORIGINAL EARNINGS RELEASE ~ http://www.knobias.com/story.htm?eid=3.1.e59f27dea1031ba4c784697faa224ce957888abf723834a7a7ba244f4530a94a
Consensus estimate data provided by Reuters.
Visit Knobias.com for more indepth earnings information.