American Healthcare REIT Inc. (NYSE: AHR) has reported its financial results for the second quarter of 2025. The company announced a GAAP net income attributable to controlling interest of $9.9 million and a GAAP net income attributable to common stockholders of $0.06 per diluted share for the three months ended June 30, 2025. Additionally, Normalized Funds from Operations (NFFO) attributable to common stockholders was reported at $0.42 per diluted share for the same period. The total portfolio Same-Store Net Operating Income (NOI) experienced a growth of 13.9% compared to the same period in 2024. The company also declared a cash distribution of $0.25 per share of its common stock for the quarter ended June 30, 2025, which was paid on or around July 18, 2025. Looking forward, American Healthcare REIT has increased its full-year 2025 guidance, with the net income per diluted share expected to be between $0.33 to $0.37, NAREIT FFO per diluted share projected at $1.57 to $1.61, and NFFO per diluted share anticipated to range from $1.64 to $1.68. The total portfolio Same-Store NOI growth guidance has been adjusted to a range of 11.0% to 14.0%. Segment-level projections include a 15.0% to 19.0% growth in Integrated Senior Health Campus (ISHC), a 1.0% to 1.5% increase in Outpatient Medical, a 20.0% to 24.0% growth in Senior Housing Operating Portfolio $(SHOP)$, and a decline of 0.8% to 0.3% in Triple-Net Leased Properties.
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