HCP, Inc. (NYSE:HCP) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 4.35% to $0.72 in the quarter versus EPS of $0.67 in the year-earlier quarter. Revenue rose 11.61% to $508.49 million from the year-earlier quarter.
HCP, Inc. reported adjusted EPS income of $0.72 per share. By that measure, the company beat the mean analyst estimate of $0.71. It beat the average revenue estimate of $492.51 million.