Welltower Reports Fourth Quarter 2020 Results
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Welltower (WELL) Tops Q4 EPS by 21c; Offers 1Q EPS Guidance Above Consensus
February 9, 2021 4:16 PM ESTWelltower (NYSE: WELL) reported Q4 EPS of $0.39, $0.21 better than the analyst estimate of $0.18. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.14 billion.
Highlights
Reported net income attributable to common stockholders of $0.39 per diluted shareReported normalized FFO attributable to common stockholders of $0.84 per diluted shareCompleted $657 million of pro rata acquisitions since the start of the fourth quarter 2020 at a blended, non-stabilized yield of 4.5%, including a 790 unit portfolio of seniors housing assets operated by Harbor Retirement Associates for $132 million subsequent to quarter endCompleted $781... More