Welltower (HCN) Reports Q4 FFO of $1.10

Go back to Welltower (HCN) Reports Q4 FFO of $1.10

Welltower Reports Fourth Quarter 2016 Results

February 22, 2017 7:30 AM EST

TOLEDO, Ohio, Feb. 22, 2017 /PRNewswire/ -- Welltower Inc. (NYSE:HCN) today announced results for the quarter ended December 31, 2016. For the quarter, we generated net income attributable to common stockholders of $0.91 per share, normalized FFO of $1.10 per share and normalized FAD of $0.99 per share. For the year, we generated net income attributable to common stockholders of $2.81 per share, normalized FFO of $4.55 per share and normalized FAD of $4.08 per share.

Quarterly Highlights

Net debt to undepreciated book capitalization declined to 37.4% from 39.5% versus 12/31/15... More