Welltower (HCN) Posts Q4 Loss of $0.30, FFO of $1.02

Welltower (NYSE: HCN) reported Q4 EPS of ($0.30), which may not compare to the analyst estimate of $0.45. Normalized FFO attributable to common stockholders of $1.02 per share.

Highlights:

• Total portfolio SSNOI grew 2.1%, driven by consistent growth across all of our segments
• $334 million of high quality investments with 80% sourced through existing relationships
• Announced an innovative outpatient medical joint venture development in Orange County with Providence St. Joseph\'s, adjacent to Mission Hospital on the land of Simon Property Group\'s The Shops at Mission Viejo
• Expanded relationship with Sunrise Senior Living through an off-market acquisition of a $368 million rental CCRC portfolio located in strategic markets that is expected to close in the first quarter of 2018 at a 7.0% initial yield

For earnings history and earnings-related data on Welltower (HCN) click here.

You May Also Be Interested In

• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
• Laird Superfood, Inc. (LSF) Misses Q2 EPS by 22c ; Offers Guidance
• Boston Omaha Corporation (BOC) Misses Q2 EPS by 2c