Companies /Real Estate

Community Healthcare Trust Inc

NYSE: CHCT Reit - Healthcare Facilities
$15.00
▲ $0.10 (+0.67%) today
Markets closed · 6:14am ET

Q2 2025 Earnings

Reported Jul 29, 2025, 4:55pm ET · SEC source
$0.50
Beat +0.00%
EPS · est. $0.00
$29.1M
Miss −4.02%
Revenue · est. $30.3M
−3.8%
Trailing market
CHCT vs S&P since report
1 quarter
Consecutive EPS beats

Market Reaction

% change · around the report
−3%0+3%Jul 29Jul 30report 4:55pm ETearnings+0.5%−2.7%
−3%0+3%Jul 29Jul 30earnings+0.5%−2.7%
CHCT −2.7%S&P 500 +0.5%
−3%0+3%Jul 29Jul 30report 4:55pm ETearnings+1.0%−2.7%
−3%0+3%Jul 29Jul 30earnings+1.0%−2.7%
CHCT −2.7%NASDAQ +1.0%
−6%−3%0+3%Jul 28Aug 6report 4:55pm ETearnings−0.4%−4.0%
−6%−3%0+3%Jul 28Aug 6earnings−0.4%−4.0%
CHCT −4.0%S&P 500 −0.4%
−6%−3%0+3%Jul 28Aug 6report 4:55pm ETearnings−0.0%−4.0%
−6%−3%0+3%Jul 28Aug 6earnings−0.0%−4.0%
CHCT −4.0%NASDAQ −0.0%
−3.08%
Day of report
−2.41%
Next session
−1.33%
One week
−2.16%
30 days

S&P 500 over the same 30 days: +1.67%.

Did CHCT Beat Earnings? Q2 2025 Results

Community Healthcare Trust delivered a messy second quarter, posting a GAAP net loss of $12.56 million as one-time charges overwhelmed otherwise stable core operations. The healthcare REIT reported AFFO of $0.50 per diluted share against a consensus estimate of $0.54, while revenue of $29.09 million missed expectations by 4.02%, though it still represented a 5.7% increase from the year-ago period. The headline loss stemmed primarily from an $8.70 million credit loss reserve tied to a distressed geriatric behavioral hospital tenant, compounded by $5.90 million in severance charges following a senior executive departure, with these items collectively reducing FFO per diluted share by approximately $0.28. Shares have underperformed the broader market year-to-date, reflecting investor unease over the tenant situation. On the forward-looking side, management pointed to a $146.00 million pipeline of properties under purchase agreements and a post-quarter acquisition of a Florida inpatient rehabilitation facility for $26.50 million at a 9.4% expected return, while a potential sale of the troubled tenant's business to a behavioral healthcare provider offers a possible resolution, though timing remains uncertain.

Key Takeaways
  • Rental income grew to $30.1 million from $27.9 million in Q2 2024
  • NOI of $23.5 million, up from $21.9 million year-over-year
  • $8.7 million credit loss reserve on notes receivable with geriatric behavioral hospital tenant
  • $5.9 million severance and transition-related charges from executive termination
  • $1.7 million interest receivable reserve related to geriatric behavioral hospital tenant
  • Portfolio 90.7% leased across 200 properties in 36 states

Forward Guidance & Outlook

The company has six properties under definitive purchase agreements with an aggregate expected purchase price of approximately $146.0 million, with expected returns of approximately 9.1% to 9.75%, anticipated to close throughout 2025, 2026, and 2027. Post-quarter, CHCT acquired an inpatient rehabilitation facility in Florida for approximately $26.5 million at an expected 9.4% return. The geriatric behavioral hospital tenant signed a Letter of Intent for the sale of its business to a behavioral healthcare provider, which would include new leases for six CHCT-owned hospitals, though timing and certainty of closing remain uncertain.

CHCT YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$20.0M$27.5M$29.1MRevenue$-15,781,073$-12,557,000Net Income$842,492$2.1MOperating Income
$0$20.0MRevenueNet IncomeOperating Income

Figures from SEC filings and company reports. Not investment advice.