HCP, Inc. Reports Drop In Q4 Bottom Line

(RTTNews) - HCP, Inc. (HCP) reported earnings for fourth quarter that decreased compared to the same period last year.

The company said its bottom line declined to $225.51 million, or $0.48 per share. This was down from $278.52 million, or $0.59 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 17.9% to $443.26 million. This was down from $539.95 million last year.

HCP, Inc. earnings at a glance:

-Earnings (Q4): $225.51 Mln. vs. $278.52 Mln. last year. -Earnings Decline (Y-o-Y): -19.0% -EPS (Q4): $0.48 vs. $0.59 last year. -EPS Decline (Y-o-Y): -18.6% -Revenue (Q4): $443.26 Mln vs. $539.95 Mln last year. -Revenue Change (Y-o-Y): -17.9%

-Guidance: Full year EPS guidance: $1.77 to $1.83