NHP Announces First Quarter Earnings Release Date and Conference Call/Webcast

Tuesday, April 15, 2008 General News
Email Print This Page Comment bookmark
Font : A-A+

NEWPORT BEACH, Calif., April 14 NationwideHealth Properties, Inc. (NYSE: NHP) announced today that the Company willrelease its first quarter earnings on Thursday, May 8, 2008 after the close oftrading on the New York Stock Exchange. The Company will host a conferencecall on Friday, May 9, 2008 at 8:30 a.m. Pacific time (11:30 a.m. Easterntime) in order to present the Company's financial performance and operatingresults for the first quarter ended March 31, 2008.

The conference call will be accessible by dialing 877-356-5705 andreferencing conference ID number 43858991 or by logging on to our website athttp://www.nhp-reit.com. The international dial-in number is 706-643-7409.The earnings release and any additional financial information that may bediscussed on the conference call will also be available on our website. Adigitized replay of the conference call will be available from 9:30 a.m.Pacific time (12:30 p.m. Eastern time) that day until 9:00 p.m. Pacific time(Midnight Eastern time) Monday, June 9, 2008. Callers can access the replayby dialing (800) 642-1687 or (706) 645-9291 and entering conference ID number43858991. Webcast replays will also be available on our website for at least12 months following the conference call.

Nationwide Health Properties, Inc. is a real estate investment trust thatinvests in health care facilities. The Company has investments in584 facilities in 43 states. For more information on Nationwide HealthProperties, Inc. visit our website at http://www.nhp-reit.com.

Certain information contained in this release includes forward-lookingstatements. Forward-looking statements include statements regarding ourexpectations, beliefs, intentions, plans, objectives, goals, strategies,future events or performance and underlying assumptions and other statementswhich are not statements of historical facts, including statements regardingthe proposed transaction between NHP and PMB and the benefits of the proposedtransaction. These statements may be identified, without limitation, by theuse of forward-looking terminology such as "may," "will," "anticipates,""expects," "believes," "intends," "should" or comparable terms or the negativethereof. These forward-looking statements involve risks and uncertaintiesthat could cause actual results to differ materially from those described inthe statements. Risks and uncertainties associated with the PMB transactioninclude (without limitation) the following: delay or failure to obtain thirdparty consents; the exclusion of certain properties (which may includeproperties described herein) from the transaction; uncertainty as to whetherthe transaction will be completed; the failure to achieve the perceivedadvantages from the transaction; larger than expected or unexpected costsassociated with the transaction; unexpected liabilities resulting from thetransaction; potential litigation associated with the transaction; and theretention of key personnel after the transaction. Other risks anduncertainties associated with our business, many of which will apply to theassets acquired in the PMB transaction, include (without limitation) thefollowing: deterioration in the operating results or financial condition,including bankruptcies, of our tenants; non-payment or late payment of rent byour tenants; our reliance on two operators for a significant percentage of ourrevenues; occupancy levels at certain facilities; our level of indebtedness;changes in the ratings of our debt securities; access to the capital marketsand the cost of capital; government regulations, including changes in thereimbursement levels under the Medicare and Medicaid programs; the generaldistress of the healthcare industry; increasing competition in our businesssector; the effect of economic and market conditions and changes in interestrates; the amount and yield of any additional investments; our ability to meetacquisition go

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z


News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store