The earnings call highlighted strong performance in outpatient medical and CCRC segments, a successful technology upgrade, and positive regulatory changes. However, challenges in the lab segment due to occupancy declines and tenant financial issues in the life sciences space were noted, balancing the overall sentiment.

Company Guidance -

Q3 2025

In the second quarter of 2025, Healthpeak Properties, Inc. provided detailed guidance on its financial and operational performance. The company reported a Funds From Operations (FFO) as adjusted of $0.46 per share and an Adjusted Funds From Operations (AFFO) of $0.44 per share, along with a total portfolio same-store growth of 3.5%. The Continuing Care Retirement Communities (CCRC) segment experienced a same-store growth of 8.6%, driven by a 5% increase in rates and higher entrance fee sales. In the outpatient medical segment, Healthpeak achieved 85% tenant retention, a 6% positive rent mark-to-market, and a 3.9% same-store cash Net Operating Income (NOI) growth. The lab segment saw a same-store growth of 1.5%, with a similar 6% rent mark-to-market and 87% tenant retention. The company also highlighted its financial strength with a net debt to adjusted EBITDA of 5.2x and $2.3 billion in liquidity. Healthpeak reaffirmed its FFO guidance and same-store cash NOI expectations, anticipating the CCRC portfolio to exceed the high end of its segment guidance and outpatient medical to reach the high end of initial guidance due to strong tenant retention and re-leasing spreads.

Enterprise-Wide Technology Upgrade

Healthpeak completed an enterprise-wide technology upgrade, enhancing data integration, productivity, and paving the way for AI capabilities.

Outpatient Medical Segment Growth

Same-store growth, retention, and re-leasing spreads were all near record levels, supported by low new supply and significant market concentration.

CCRC Business Performance

The CCRC portfolio achieved record leasing volumes, with annual NOI now approximately $200 million, 50% higher than in 2019.

Strong Financial Metrics

Reported FFO as adjusted of $0.46 per share, AFFO of $0.44 per share, and total portfolio same-store growth of 3.5%.

Positive Regulatory Changes

Changes in drug pricing for rare diseases and favorable tax treatments are expected to promote biopharma investment in the U.S.

Healthpeak Properties (DOC) 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 >

DOC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.07 / -	0.12	―	―	―
Jul 24, 2025	2025 (Q2)	0.06 / 0.05	0.21	-76.19% (-0.16)	―
Apr 24, 2025	2025 (Q1)	0.05 / 0.06	0.01	500.00% (+0.05)	―
Feb 03, 2025	2024 (Q4)	0.05 / 0.01	0.13	-92.31% (-0.12)	―
Oct 24, 2024	2024 (Q3)	0.07 / 0.12	0.12	0.00% (0.00)	―
Jul 25, 2024	2024 (Q2)	0.10 / 0.21	0.09	133.33% (+0.12)	―
Apr 25, 2024	2024 (Q1)	0.02 / 0.01	0.22	-95.45% (-0.21)	―
Feb 08, 2024	2023 (Q4)	0.10 / 0.13	0.01	1200.00% (+0.12)	―
Oct 30, 2023	2023 (Q3)	0.08 / 0.12	0.65	-81.54% (-0.53)	―	―
Jul 27, 2023	2023 (Q2)	0.11 / 0.09	0.13	-30.77% (-0.04)	―

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

DOC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$18.87	$17.60	-6.73%
Apr 24, 2025	$18.49	$17.53	-5.19%
Feb 03, 2025	$19.62	$19.31	-1.58%
Oct 24, 2024	$21.84	$21.16	-3.11%

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 Healthpeak Properties (DOC) report earnings?

Healthpeak Properties (DOC) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is Healthpeak Properties (DOC) earnings time?

Healthpeak Properties (DOC) earnings time is at Oct 23, 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 DOC EPS forecast?

DOC EPS forecast for the fiscal quarter 2025 (Q3) is 0.07.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing