Welltower's (WELL) Q3 FFO Beats Estimates, Revenues Up Y/Y
Welltower Inc. WELL reported normalized funds from operations (FFO) per share of $1.05 for third-quarter 2019, which surpassed the Zacks Consensus Estimate by a penny. Further, the bottom line compares favorably with the year-ago quarter figure of $1.04.
Results reflect the healthy same-store net operating income (SSNOI) performance of its seniors housing triple-net, outpatient medical, seniors housing operating, and long-term/post-acute care segments.
Moreover, the company generated revenues of nearly $1.27 billion, which lagged the Zacks Consensus Estimate of $1.32 billion. The top line, however, compares favorably with the year-earlier quarter’s reported figure of approximately $1.24 billion.
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https://finance.yahoo.com/news/welltower...12389.html
Welltower Inc. WELL reported normalized funds from operations (FFO) per share of $1.05 for third-quarter 2019, which surpassed the Zacks Consensus Estimate by a penny. Further, the bottom line compares favorably with the year-ago quarter figure of $1.04.
Results reflect the healthy same-store net operating income (SSNOI) performance of its seniors housing triple-net, outpatient medical, seniors housing operating, and long-term/post-acute care segments.
Moreover, the company generated revenues of nearly $1.27 billion, which lagged the Zacks Consensus Estimate of $1.32 billion. The top line, however, compares favorably with the year-earlier quarter’s reported figure of approximately $1.24 billion.
...
https://finance.yahoo.com/news/welltower...12389.html
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