Morgan Keegan Preview HCN 1Q

Health Care REIT Inc. HCN, which will report earnings on Tuesday, May 3, is getting a first quarter preview from Morgan Keegan. “Our FFO/share estimate of $0.76 is $0.02 above the First Call consensus and $0.01 above the prior year period,” Morgan Keegan writes. “Our FAD/share estimate of $0.70 is $0.01 above the SNL consensus. “Health Care REIT has had a busy few months, closing five major acquisitions. We do not expect the company to disclose much additional activity in the first quarter but expect a healthy acquisition pace for the remainder of the year.” Health Care REIT closed Thursday at $53.44.