earnings
confidence high
sentiment positive
materiality 0.75
Ventas Q2 Normalized FFO $0.75, same-store cash NOI +7%, SHOP +14% YoY
Ventas, Inc.
2023-Q2 EPS reported
$0.30
revenue$2,183,603,000
- Net income of $0.26 per share; Normalized FFO of $0.75 per share.
- Total company NOI grew 7.9% YoY; same-store cash NOI grew 7.0% YoY.
- SHOP same-store cash NOI +14% YoY, led by U.S. SHOP +19% YoY.
- SHOP REVPOR +6.6% and margin expanded 160 bps.
- Company confirms full-year 2023 outlook.