Nationwide Health Properties Inc.: The Newport Beach...

Nationwide Health Properties Inc.: The Newport Beach real estate investment trust reported 1992 earnings of $29.7 million, or $2 a share, contrasted with a profit of $18.1 million, or $1.41 a share, for the previous 12-month period. Revenue rose 37% to $49.9 million from $36.4 million for 1991. The 1991 figures include a charge of $3.5 million for costs associated with the prepayment of some of the company’s secured debt. For the latest quarter, earnings increased 60% to $9.1 million, or 55 cents a share, from $5.7 million, or 43 cents a share, for the period a year earlier. Quarterly revenue rose 36% to $14.3 million from $10.5 million.