HCP Inc. (NYSE:HCP), a leading healthcare real estate investment trust (REIT), reported first quarter 2012 funds from operations (FFO) of$264.8 million or 64 cents per share compared with $149.7 million or 40 cents per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, are obtained after adding depreciation and amortization and other non-cash expenses to net income.
We cover below the results of the recent earnings announcement, as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards