Welltower Reports Fourth Quarter 2019 Results

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Welltower (WELL) Tops Q4 EPS by 25c

February 12, 2020 5:01 PM EST

Welltower (NYSE: WELL) reported Q4 EPS of $0.55, $0.25 better than the analyst estimate of $0.30. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.26 billion.

Fourth Quarter Highlights

Reported net income attributable to common stockholders of $0.55 per diluted share compared to $0.27 per diluted share in 2018Reported normalized FFO attributable to common stockholders of $1.05 per diluted share, compared to $1.01 per diluted share in 2018, representing 4% normalized FFO growthGrew total portfolio same store NOI by 2.2%, driven by consistent performance across all property typesAchieved same store REVPOR... More