earnings
confidence high
sentiment positive
materiality 0.80
Welltower Q2 normalized FFO $0.86 (+8.9% YoY); same-store NOI +8.7%
WELLTOWER INC.
2022-Q2 EPS reported
$0.33
revenue$2,868,240,000
- Net income $0.20/diluted share; normalized FFO $0.86, +8.9% YoY.
- Total portfolio same-store NOI +8.7% (SHO +15.4%); revenue growth accelerated to 11.5%.
- Completed $1.6B investments including $1.1B acquisitions; $5.2B credit facility amended.
- Dividend $0.61/share declared, payable Aug 31; Q3 guidance: normalized FFO $0.82-$0.87.
- Subsequent: acquired $312M Oakmont portfolio; transitioned 12 West Coast properties.