04:46 PM EDT, 05/01/2024 (MT Newswires) -- Ventas ( VTR ) reported Q1 normalized funds from operations late Wednesday of $0.78 per diluted share, up from $0.74 a year earlier.

Analysts polled by Capital IQ expected an FFO of $0.74 and an adjusted FFO of $0.62.

Revenue for the quarter ended March 31 was $1.20 billion, up from $1.08 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.17 billion.

The company expects a full-year 2024 normalized FFO between $3.10 and $3.18 per share. The previous guidance was between $3.07 and $3.18.

Analysts polled by Capital IQ expect FFO of $3.15 and adjusted FFO of $2.55.