Financial | REIT - Healthcare Facilities | USA
Welltower: 1Q Earnings Snapshot
The real estate investment trust, based in Toledo, Ohio, said it had funds from operations of $399.6 million, or $1.02 per share, in the period.
The average estimate of 11 analysts surveyed by Zacks Investment Research was for funds from operations of $1.02 per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $280.5 million, or 71 cents per share.
The senior housing and health care real estate investment trust posted revenue of $1.27 billion in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.24 billion.
Welltower expects full-year funds from operations in the range of $4.10 to $4.25 per share.
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https://finance.yahoo.com/news/welltower...23954.html
Welltower: 1Q Earnings Snapshot
The real estate investment trust, based in Toledo, Ohio, said it had funds from operations of $399.6 million, or $1.02 per share, in the period.
The average estimate of 11 analysts surveyed by Zacks Investment Research was for funds from operations of $1.02 per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $280.5 million, or 71 cents per share.
The senior housing and health care real estate investment trust posted revenue of $1.27 billion in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.24 billion.
Welltower expects full-year funds from operations in the range of $4.10 to $4.25 per share.
...
https://finance.yahoo.com/news/welltower...23954.html