Earnings Call Summary | Global Medical REIT Inc(GMRE.US) Q2 2024 Earnings Conference
Earnings Call Summary | Global Medical REIT Inc(GMRE.US) Q2 2024 Earnings Conference
Adjusted funds from operations (AFFO) was also down by $0.01 from the previous year to $0.22 per share and unit.The following is a summary of the Global Medical REIT, Inc. (GMRE) Q2 2024 Earnings Call Transcript:
以下是Global Medical REIt, Inc.(GMRE) Q2 2024業績會簡述：
Financial Performance:
金融業績：
Global Medical REIT reported a net loss of $3.1 million, or $0.05 per share, for Q2 2024 compared to a net income of $11.8 million, or $0.18 per share, in Q2 2023.
Funds from operations (FFO) were $0.20 per share, slightly down by $0.01 from the prior year's quarter.
Adjusted funds from operations (AFFO) was also down by $0.01 from the previous year to $0.22 per share and unit.
Total revenues decreased by about 6% to $34.2 million, primarily due to the impact of previous dispositions and tenant issues.
Global Medical REIt報告Q2 2024淨虧損310萬美元，每股虧損0.05美元，相比之下，Q2 2023淨利潤爲1180萬美元，每股盈利0.18美元。
運營資金淨額（FFO）爲每股0.20美元，與去年同期相比略有下降0.01美元。
調整後的運營資金淨額（AFFO）每股下降0.01美元至0.22美元和每個單位。
總收入下降約6%至3420萬美元，主要是由於以前的處置和租戶問題的影響。
Business Progress:
業務進展：
GMRE entered a purchase agreement for a 15 property portfolio of outpatient medical real estate valued at $80.3 million.
Closed the acquisition of the first 5 properties of this portfolio for $30.8 million subsequent to the quarter end.
Expects to close on the remaining 10 properties in Q4 2024.
The investment pipeline currently holds approximately $120 million of assets which are focused largely on medical office buildings (MOBs).
Engaged in selective disposition of assets, including a sale that generated $11 million in gross proceeds in July.
GMRE已經達成了一項購買協議，購買價值8030萬美元的15個門診醫療房地產組合。
在季末後，成功收購了該組合的前5個房產，收購價爲3080萬美元。
預計在Q4 2024交割其餘的10個房產。
投資管道目前持有約1.2億美元的資產，主要集中在醫療辦公樓(MOB)領域。
進行資產有選擇性的處置，包括在7月份產生1100萬美元的銷售收益。
Opportunities:
機會：
Anticipates leveraging lower interest rates and market conditions to secure higher yields from acquisitions, particularly in MOBs.
Observes a market trend where sellers are increasingly accepting higher cap rates.
預計利用較低的利率和市場條件，通過收購特別是在MOBs領域實現更高的收益。
觀察到市場趨勢，賣方越來越願意接受更高的加權平均資本化率。
Risks:
風險：
Steward Health Care's bankruptcy could affect long-term property performance and revenue, as it impacts rental payments and re-leasing efforts for properties involved.
Steward Health Care的破產可能會影響長期的物業表現和收入，因爲它影響到租金支付和重租賃工作。
More details: Global Medical REIT Inc IR
更多細節：Global Medical REIt Inc IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
