Welltower Inc expected to post earnings of 34 cents a share - Earnings Preview

Welltower

26/07/2024 22:48

* Welltower Inc  WELL.N   WELL.K  is expected to show a rise
in
quarterly revenue when it reports  results on July 29 for the
period ending June 30 2024
    * The Toledo Ohio-based  company is expected to report a
13.2% increase in revenue to $1.885 billion from $1.67 billion a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data. (SAL represents Total revenue/Property revenue)
    * ​LSEG's mean analyst estimate for Welltower Inc is for
earnings
of 34 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Welltower
Inc is
$108.00​, below​ its last closing price of $109.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.95        0.95       1.01      Beat    6.7
 Dec. 31 2024  0.93        0.94       0.96      Beat    2.4
 Sep. 30 2023  0.89        0.89       0.92      Beat    3.4​
 Jun. 30 2023  0.86        0.86       0.90      Beat    4.5
 ​​Mar.        0.82        0.82       0.85      Beat    3.4
 31 2023                                                
 Dec. 31 2022  0.83        0.83       0.83      Met     0.5​
 Sep. 30 2022  0.83        0.83       0.84      Beat    0.7
 Jun. 30 2022  0.85        0.85       0.86      Beat    0.9
 This summary was machine generated July 26 at 21:48 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)