Chiron Real Estate

Q2 FY2026 EarningsQ2 FY26 results significantly beat consensus on headline profitability due to a major $71.9M gain on property sales, despite rental revenue missing expectations. Revenue reached $39.7M vs. $38.0M expected, with the miss in core rental income ($37.1M) offset by the $71.9M disposition gain. EPS (GAAP) of $4.78 far exceeded the -$0.40 consensus loss. Management reduced the monthly dividend by 36% to $0.16 to pivot toward seniors housing (SHOP) acquisitions, highlighting a major strategic transition.