earnings
confidence high
sentiment neutral
materiality 0.60
Ventas Q3 2022: Net income break-even, Normalized FFO $0.76, same-store NOI +4.8%
Ventas, Inc.
2022-Q3 EPS reported
-$0.01
revenue$3,077,768,000
- Net income attributable to common stockholders per share $0.00; Normalized FFO per share $0.76, including ~$20M ( $0.05/sh) HHS grants.
- Total company same-store cash NOI grew 4.8% YoY, at the high end of guidance.
- SHOP segment same-store cash NOI up 13% YoY, above guidance midpoint, driven by ~9% revenue growth.
- No updated full-year guidance or dividend changes announced.