secwatch.observer — SEC 8-K summary
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Issuer:     WELLTOWER INC. (WELL)
CIK:        0000766704
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0000766704-24-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Welltower Q3 net income $0.73/sh, normalized FFO $1.11/sh (+20.7% YoY), raises 2024 guidance
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- Net income $0.73 diluted EPS; normalized FFO $1.11 diluted EPS (up 20.7% YoY).
- Total portfolio same-store NOI growth of 12.6%, led by Seniors Housing Operating +23.0% SSNOI.
- Board approved 10% dividend increase to $0.67/share; payable Nov 21 to holders of record Nov 13.
- Completed $2.4B pro rata gross investments in Q3, incl. $2.2B acquisitions/loan funding; net debt/EBITDA improved to 3.73x from 5.14x.
- Raised FY2024 normalized FFO guidance to $4.27-$4.33/sh (from $4.13-$4.21) and net income guidance to $1.75-$1.81/sh (from $1.52-$1.60).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766704/000076670424000037/0000766704-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766704/000076670424000037/well-20241028.htm
  HTML page:      https://secwatch.observer/filing/0000766704-24-000037

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