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Ventas Q3 Normalized FFO, Revenue Increase; 2024 Outlook Updated
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Ventas Q3 Normalized FFO, Revenue Increase; 2024 Outlook Updated
Nov 3, 2024 3:14 PM

04:53 PM EDT, 10/30/2024 (MT Newswires) -- Ventas ( VTR ) reported Q3 normalized funds from operations late Wednesday of $0.80 per diluted share, up from $0.75 a year earlier.

Analysts polled by Capital IQ expected of $0.79.

Revenue for the quarter ended Sept. 30 was $1.24 billion, up from $1.15 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.21 billion.

The company expects full-year 2024 normalized FFO between $3.14 and $3.18 per share. The previous guidance was between $3.12 and $3.18.

Analysts polled by Capital IQ expect $3.17.

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