earnings
confidence high
sentiment positive
materiality 0.75
Ventas Q4 2023 Nareit FFO $0.79 (+21.5%); FY 2023 Nareit FFO $3.26 (+15.6%); provides 2024 outlook
Ventas, Inc.
2023-FY EPS reported
-$0.10
revenue$4,497,827,000
- Q4 2023 Nareit FFO $0.79 per share (+21.5% YoY); Normalized FFO $0.76 (+4.1%).
- Full year 2023 Nareit FFO $3.26 per share (+15.6% YoY); Normalized FFO $2.99 (flat).
- Attributable net loss improved to ($0.10) per share from ($0.12) in 2022.
- CEO cites strong growth in SHOP led by U.S. communities; expects unprecedented senior housing demand in 2024.