UPDATE: HCP Posts Rise In Q4 Profit, Issues Weak 2014 Guidance
February 11, 2014 at 09:35 AM EST
HCP (NYSE: HCP ) reported a 22% rise in its fourth-quarter earnings. HCP expects 2014 funds from operations of $2.96 to $3.02 per share, compared to analysts' expectations of $3.04 per share. HCP's quarterly profit climbed to $293.1 million, or $0.64 per share, versus $241 million, or $0.53 per share,