01.05.2024 23:40:52 - dpa-AFX: Ventas Q1 Nariet FFO Increases

WASHINGTON (dpa-AFX) - On Wednesday, Ventas, Inc. (VTR) announced that
nariet Funds from Operations for first-quarter was $292.9 million or $0.73 per
share, compared to $294.4 million or $0.73 per share last year.

Normalized FFO totaled $316.6 million or $0.78 per share versus $296.9 million
or $0.74 per share in previous year.

The company also reported a loss of $14.3 million or $0.04 a share, compared
with profit of $17.5 million or $0.04 a share in year-ago quarter.

On average, analysts surveyed by Thomson Reuters estimated a loss of $0.33 per
share.

Revenue rose to $1.2 billion from $1.07 billion in prior year.

Looking forward, the company expects a nariet FFO of $2.98-$3.06 a share, and
normalized FFO of $3.10-$3.18 a share for the fiscal year 2024. It also
anticipates earnings of $0.03 to $0.11 per share for the same period.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Ventas 878380 NYSE 48,910 17.05.24 03:01:30 +0,200 +0,41% 47,000 49,030 48,880 48,910

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