earnings
confidence high
sentiment positive
materiality 0.75
Welltower Q1 normalized FFO $0.85; SHO SSNOI +23.4%; guides FY normalized FFO $3.39-$3.54
WELLTOWER INC.
2023-Q1 EPS reported
$0.05
revenue$1,560,729,000
- Net income $0.05 diluted EPS; normalized FFO $0.85 diluted.
- Same-store NOI grew 11% YoY; Seniors Housing Operating SSNOI +23.4%.
- Completed ~$785M pro rata gross investments in Q1.
- Revised FY 2023 normalized FFO guidance to $3.39-$3.54/diluted share (prev. $3.35-$3.53).
- Declared Q1 dividend $0.61/share, payable May 23, 2023 to record May 16.