Healthpeak Properties (DOC) Revenue — Quarter Ended Dec 31, 2023
Revenue increased compared to the prior quarter but declined substantially from the same quarter one year ago. The sequential growth continued a pattern observed throughout the period.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased compared to the prior quarter but declined substantially from the same quarter one year ago. The sequential growth continued a pattern observed throughout the period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$136.3M
Revenue reported for this quarter.
Quarter-over-quarter
+1.9%
Change from the immediately preceding quarter.
Year-over-year
-74.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$527.4M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $127.1M | +4.5% |
| Jun 30, 2023 | $130.2M | +3.8% |
| Sep 30, 2023 | $133.8M | +9.6% |
| Dec 31, 2023 | $136.3M | -74.0% |
Revenue performance
The company reported higher revenue for the quarter, marking a sequential increase.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. However, relative to the same quarter one year earlier, revenue fell sharply.
What to watch
The wide gap between the sequential gain and the steep year-over-year decline warrants attention.