Ventas Inc reports results for the quarter ended in June - Earnings Summary

Ventas

04/08/2023 05:48

* Ventas Inc  VTR.N  reported quarterly adjusted earnings of
18
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 2 cents per share.
    * Revenue rose 8.2% to $1.11 billion from a year ago;
analysts
expected $1.09 billion. 
    * Ventas Inc's reported EPS for the quarter was 26 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Ventas Inc shares had risen by 2.6% this quarter and
gained 7.6%
so far this year.
    * The company reported quarterly net income of $103.45
million.
    * Wall Street's median 12-month price target for Ventas Inc
is
$54.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 04:47 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.74           0.75           Beat
 Mar. 31 2023      0.71           0.74           Beat
 Dec. 31 2022      0.72           0.73           Beat
 Sep. 30 2022      0.76           0.76           Met