Investors Play These 2 Leisure Stocks After Earnings

HCP Inc. (NYSE:HCP) reported its results for the fourth quarter. The company’s funds from operations (FFO) rose 4.7% from the year earlier quarter to 67 cents. FFO, a measure of performance of a real estate investment trust (REIT), removes the profit-reducing effect that depreciation has on earnings. It fell short of the consensus estimate of 68 cents per share.

Competitors to Watch: LTC Properties, Inc. (NYSE:LTC), Omega Healthcare Investors, Inc. (NYSE:OHI), National Health Investors Inc (NYSE:NHI), Medical Properties Trust, Inc. (NYSE:MPW), Healthcare Realty Trust Inc. (NYSE:HR), Health Care REIT, Inc. (NYSE:HCN), Senior Housing Properties Trust (NYSE:SNH), Universal Health Realty Income Trust (NYSE:UHT), Ventas, Inc. (NYSE:VTR), and Nationwide Health Properties Inc. (NYSE:NHP).

Host Hotels & Resorts Inc. (NYSE:HST) reported its results for the fourth quarter. The company’s funds from operations (FFO) rose 23.1% from the year earlier quarter to 32 cents. FFO, a measure of performance of a real estate investment trust (REIT), removes the profit-reducing effect that depreciation has on earnings. It come in ahead of the consensus estimate of 30 cents per share. FFO, a measure of performance of a real estate investment trust (REIT), removes the profit-reducing effect that depreciation has on earnings.

Competitors to Watch: Ashford Hospitality Trust, Inc. (NYSE:AHT), MHI Hospitality Corp. (NASDAQ:MDH), Vornado Realty Trust (NYSE:VNO), American Assets Trust, Inc (NYSE:AAT), Boston Properties, Inc. (NYSE:BXP), Federal Realty Inv. Trust (NYSE:FRT), LaSalle Hotel Properties (NYSE:LHO), Strategic Hotels & Resorts Inc. (NYSE:BEE), DiamondRock Hospitality Co. (NYSE:DRH), and Chatham Lodging Trust (NYSE:CLDT).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com