The earnings call highlighted strong performance in the outpatient and CCRC segments, with record leasing volumes and impressive same-store growth. However, challenges in the lab segment, specifically with occupancy and tenant capital raising, were notable concerns. The overall sentiment reflects sustained strength in core segments with specific challenges in life sciences.

Company Guidance -

Q3 2025

During Healthpeak Properties, Inc.'s second quarter 2025 conference call, the company provided detailed guidance and updates on its business segments and financial performance. Healthpeak reported FFO as adjusted of $0.46 per share, AFFO of $0.44 per share, and total portfolio same-store growth of 3.5%. The CCRC business showed a robust same-store growth of 8.6%, driven by a 5% rate growth and increased entrance fee sales. The outpatient medical segment achieved 85% tenant retention and a 6% positive rent mark-to-market, with same-store cash NOI growth of 3.9%. The lab R&D segment reported a same-store growth of 1.5% and a 6% positive rent mark-to-market despite some occupancy challenges. The company maintained its FFO and same-store cash NOI guidance, citing strong performance in the CCRC and outpatient medical segments, with potential upside in the life science sector. Healthpeak also highlighted the strategic internalization of property management, technology upgrades, and AI deployment plans to enhance operational efficiency and tenant relationships.

Enterprise-Wide Technology Upgrade

Healthpeak completed an enterprise-wide technology upgrade that will improve data integration, productivity, and provide a foundation for AI capabilities.

Record Leasing Volumes in CCRC Business

The CCRC business experienced record leasing volumes, with the portfolio generating approximately $200 million of annual NOI, which is 50% higher than in 2019.

Strong Same-Store Growth in Outpatient Medical

Outpatient medical segment achieved a same-store cash NOI growth of 3.9%, with 85% tenant retention and a positive rent mark-to-market at 6%.

Improved Tenant Satisfaction

Tenant satisfaction scores showed year-over-year improvement and are well above industry averages, supporting high retention rates and re-leasing spreads.

Strong Financial Results

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

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)	0.06 / -	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	$18.76	$17.50	-6.72%
Apr 24, 2025	$18.38	$17.42	-5.22%
Feb 03, 2025	$19.50	$19.20	-1.54%
Oct 24, 2024	$21.71	$21.04	-3.09%

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 0.06.

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