The earnings call highlighted significant growth in revenue, EBITDA, and FFO, driven by strong performance in the SHOP segment. The company successfully increased liquidity and completed notable asset dispositions. However, declines in same property occupancy in the Medical Office and Life Science portfolio, non-recurring items affecting NOI, and SNF property challenges presented some concerns. Overall, the positive aspects slightly outweigh the negative, indicating a cautiously optimistic outlook.

Company Guidance

During the Diversified Healthcare Trust's second quarter 2025 earnings call, the company provided comprehensive guidance, highlighting several key financial metrics. They reported a 3% year-over-year revenue increase to $382.7 million, with an adjusted EBITDAre up 7% to $73.6 million. The funds from operations (FFO) surged by 172% to $18.6 million, or $0.08 per share. Notably, the SHOP segment experienced an 18.5% year-over-year increase in same-property NOI to $37.4 million, with occupancy rising 160 basis points to 80.6%. In the Medical Office and Life Science portfolio, new and renewal leasing activities covered over 106,000 square feet with a weighted average rent increase of 11.5%. The company also announced a reduction in their 2025 CapEx guidance to $140-$160 million and an increase in their SHOP NOI guidance by $10 million at the midpoint to $132-$142 million. Additionally, DHC highlighted successful refinancing efforts and asset sales to improve liquidity, including $343 million of mortgage loans and a new $150 million credit facility. They remain optimistic about meeting their 2026 debt maturity with expected continued performance improvements.

Revenue and EBITDA Growth

Revenue for the quarter was $382.7 million, a 3% increase over last year. Adjusted EBITDAre came in at $73.6 million, up 7% year-over-year.

Significant Increase in FFO

FFO increased 172% year-over-year to $18.6 million or $0.08 per share.

SHOP Segment Performance

An 18.5% year-over-year increase in same-property SHOP NOI, with occupancy increasing 160 basis points to 80.6% and average monthly rate increasing 5.4%.

Leasing Activity in Medical Office and Life Science Portfolio

Completed over 106,000 square feet of new and renewal leasing activity with weighted average rents 11.5% higher than prior rents.

Successful Asset Dispositions

Sold 2 unencumbered properties for $16.4 million and 3 more properties in July for $8.8 million.

Increased Liquidity

Ended the quarter with approximately $292 million of liquidity, including $142 million of unrestricted cash and $150 million available under the new credit facility.

Diversified Healthcare Trust (DHC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DHC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	-0.21 / -	-0.41	―	―	―
Aug 04, 2025	2025 (Q2)	-0.22 / 0.08	-0.41	119.27% (+0.49)
May 05, 2025	2025 (Q1)	-0.25 / 0.06	-0.36	115.83% (+0.42)	―
Feb 25, 2025	2024 (Q4)	-0.29 / -0.36	-0.43	16.28% (+0.07)	―
Nov 04, 2024	2024 (Q3)	-0.26 / -0.41	-0.264	-55.30% (-0.15)	―
Aug 01, 2024	2024 (Q2)	-0.28 / -0.41	-0.287	-42.86% (-0.12)	―
May 06, 2024	2024 (Q1)	-0.28 / -0.36	-0.193	-86.53% (-0.17)	―
Feb 26, 2024	2023 (Q4)	-0.25 / -0.43	-0.237	-81.43% (-0.19)
Nov 01, 2023	2023 (Q3)	- / -0.26	-0.306	13.73% (+0.04)	―
Aug 01, 2023	2023 (Q2)	-0.22 / -0.29	-0.301	4.65% (+0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DHC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$3.41	$3.43	+0.59%
May 05, 2025	$2.17	$2.85	+31.34%
Feb 25, 2025	$2.43	$2.64	+8.64%
Nov 04, 2024	$3.48	$2.80	-19.54%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Diversified Healthcare Trust (DHC) report earnings?

Diversified Healthcare Trust (DHC) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is Diversified Healthcare Trust (DHC) earnings time?

Diversified Healthcare Trust (DHC) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is DHC EPS forecast?

DHC EPS forecast for the fiscal quarter 2025 (Q3) is -0.21.

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