Welltower Inc reports results for the quarter ended in December - Earnings Summary

Welltower

13/02/2024 22:02

* Welltower Inc  WELL.N  reported quarterly adjusted
earnings of
15 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of -1 cents.  The mean expectation of ten analysts for the
quarter was for earnings of 27 cents per share. Wall Street
expected results to range from 20 cents to 43 cents per share.
    * Revenue rose 15.2% to $1.75 billion from a year ago;
analysts
expected $1.75 billion. 
    * Welltower Inc's reported EPS for the quarter was 15
cents​.
    * The company reported quarterly net income of $83.91
million.
    * Welltower Inc shares had fallen by 2.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Welltower
Inc is
$96.00 

This summary was machine generated from LSEG data February 13 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.94           0.96           Beat
 Sep. 30 2023      0.89           0.92           Beat
 Jun. 30 2023      0.86           0.90           Beat
 Mar. 31 2023      0.82           0.85           Beat