secwatch.observer — SEC 8-K summary
======================================

Issuer:     WELLTOWER INC. (WELL)
CIK:        0000766704
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0000766704-24-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Welltower Q1 normalized FFO $1.01, up 18.8% YoY; raises 2024 guidance
---------------------------------------------------------------------

- Net income $0.22/diluted share; normalized FFO $1.01/diluted share, up 18.8% YoY.
- Total same-store NOI +12.9%; Seniors Housing Operating same-store NOI +25.5% on 10.3% revenue growth.
- Q1 pro rata gross investments $449M; subsequent $2.6B in acquisitions/loans including $969M Affinity Living.
- 2024 normalized FFO guidance raised to $4.02-$4.15 per share (prior $3.94-$4.10).
- Dividend $0.61/share declared; net debt/Adj EBITDA improved to 4.03x; liquidity ~$6.5B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766704/000076670424000020/0000766704-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766704/000076670424000020/well-20240429.htm
  HTML page:      https://secwatch.observer/filing/0000766704-24-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer