HCP, Inc. Bottom Line Rises 6% In Q3

(RTTNews) - HCP, Inc. (HCP) revealed earnings for its third quarter that climbed from last year.

The company said its bottom line totaled $365.80 million, or $0.79 per share. This was up from $346.28 million, or $0.75 per share, in last year's third quarter.

Analysts had expected the company to earn $0.77 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.3% to $657.95 million. This was up from $596.64 million last year.

HCP, Inc. earnings at a glance:

-Earnings (Q3): $365.80 Mln. vs. $346.28 Mln. last year. -Earnings Growth (Y-o-Y): 5.6% -EPS (Q3): $0.79 vs. $0.75 last year. -EPS Growth (Y-o-Y): 5.3% -Analysts Estimate: $0.77 -Revenue (Q3): $657.95 Mln vs. $596.64 Mln last year. -Revenue Change (Y-o-Y): 10.3%

-Guidance: Full year EPS guidance: $3.12 - $3.18