WASHINGTON (dpa-AFX) - Health Care REIT, Inc. (HCN) announced an update to its full-year normalized 2012 funds from operations and FAD per share guidance to reflect previously announced acquisitions and financing activity.
The company is adjusting normalized funds from operations guidance by $0.15 per diluted share to a range of $3.53 to $3.63 per diluted share from the prior range of $3.68 to $3.78 per share.
Looking ahead for fiscal 2012, Normalized Funds available for distribution guidance is also adjusted by $0.15 per share to a range of $3.11 to $3.21 per share from the prior range of $3.26 to $3.36 per share.
For fiscal 2012, the company still expects net income attributable to common stockholders to be in the range of $1.26 - $1.36.
Analysts polled by Thomson Reuters expect the company to report earnings of $3.74 per share for fiscal 2012. Analysts' estimates typically exclude special items.
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