earnings
confidence high
sentiment positive
materiality 0.85
Welltower Q4 normalized FFO $0.83 vs net loss $0.01; guides 2023 FFO $3.35-$3.53
WELLTOWER INC.
2022-FY EPS reported
$0.30
revenue$5,860,615,000
- Net loss attributable to common stockholders of $0.01 per diluted share; normalized FFO of $0.83 per diluted share in Q4 2022.
- Total portfolio same-store NOI growth of 12.9% YoY; seniors housing operating portfolio SSNOI up 28.1%.
- Formed joint venture with Integra Healthcare for 147 skilled nursing facilities; Integra purchased 15% interest in first two tranches.
- 2023 guidance: net income $0.57-$0.75 diluted, normalized FFO $3.35-$3.53 diluted; SSNOI growth 8-13%.
- Declared quarterly dividend of $0.61 per share, payable March 8, 2023; 207th consecutive cash dividend.