Welltower (HCN) Reports In-Line Q1 EPS

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Welltower Reports First Quarter 2017 Results

May 5, 2017 7:30 AM EDT

TOLEDO, Ohio, May 5, 2017 /PRNewswire/ -- Welltower Inc. (NYSE: HCN) today announced results for the quarter ended March 31, 2017. For the quarter, we generated net income attributable to common stockholders of $0.86 per share and normalized FFO attributable to common stockholders of $1.05 per share.

Quarterly Highlights

Continued portfolio repositioning efforts generating $1.1 billion of disposition proceeds Net debt to undepreciated book capitalization declined to 35.8% from 37.4% versus 12/31/16 Net debt to adjusted EBITDA improved to 5.26x Adjusting for the... More