Diversified Healthcare Trust (DHC) Q2 FY26 earnings call

Diversified Healthcare Trust delivered strong Q2 FY26 results, driven by significant operating momentum and margin expansion in its SHOP segment, despite a temporary moderation in occupancy gains. The company reaffirmed its full-year guidance, highlighting the effectiveness of its operator transition strategy and ongoing efforts to strengthen its balance sheet and enhance shareholder returns. Management is also focused on renegotiating legacy operator contracts and repositioning SHOP communities for future growth.