NEW YORK (TheStreet) -- Shares of HCP (HCP) - Get Report were increasing in late-morning trading on Monday ahead of the company's 2016 second quarter results, due out before tomorrow's opening bell.

Analysts are expecting funds from operations to drop year-over-year, while revenue will be above last year.

Wall Street is modeling that the Irvine, CA-based real estate investment trust will post funds from operations of 70 cents per share on revenue of $635.1 million.

Funds from operations is a key metric in the REIT industry, which takes net income and adds back items such as depreciation and amortization.

Last year, HCP said it had adjusted funds from operations of 79 cents per share on revenue of $607.5 million.

The REIT primarily serves the healthcare industry in the U.S.

Separately, TheStreet Ratings Team has a "Hold" rating with a score of C on the stock.

The primary factors that have impacted the rating are mixed. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and good cash flow from operations.

But the team also finds that the company's return on equity has been disappointing.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: HCP

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