earnings
confidence high
sentiment positive
materiality 0.80
Ventas Q3 Normalized FFO $0.80 (+7% YoY), SHOP NOI +15.3%, raises guidance
Ventas, Inc.
2024-Q3 EPS reported
$0.06
revenue$3,637,209,000
- Attributable net income $0.05/sh; Normalized FFO $0.80/sh (+7% YoY).
- Total Company Same-Store Cash NOI +7.6% YoY; SHOP Same-Store Cash NOI +15.3% on 350 bps occupancy gain.
- YTD closed $1.4B senior housing investments; $300M under contract for Q4; $1.1B ATM equity raised.
- Full-year 2024 guidance raised; liquidity $4.0B as of Sept 30.