Ventas Q2 Normalized FFO $0.97 (+9% YoY); raises full-year guidance on $3.4B YTD investments

Ventas, Inc.

Attributable net income $0.14/share; Normalized FFO $0.97/share, up 9% YoY.
Total Company Same-Store Cash NOI grew 10% YoY; SHOP Same-Store Cash NOI grew 16% YoY.
YTD closed $3.4B senior housing investments; raised 2026 investment volume expectation to $4.5B.
Raised full-year earnings guidance primarily due to increased investment activity.
Settled 31.4M shares under equity forward sales for $2.6B; $1.6B unsettled, total $4.2B equity capital.

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