Welltower beats third-quarter expectations with funds from operations of $1.67 per share
FROM THE WIRE · FINANCE.YAHOO.COM
TOLEDO, Ohio (AP) — TOLEDO, Ohio (AP) — Welltower Inc. (WELL) on Monday reported a key measure of profitability in its third quarter. The results surpassed Wall Street expectations. The Toledo, Ohio-based real estate investment trust said it had funds from operations of $1.26…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA quarter ahead of estimates can support the shares of a large healthcare REIT.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Welltower reported FFO of $1.67 per share versus an average estimate of $1.64.
- 02Revenue for the period was $3.72 billion.
- 03The company expects full-year FFO between $6.47 and $6.53 per share.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets