04:47 PM EDT, 04/29/2024 (MT Newswires) -- Welltower ( WELL ) reported late Monday Q1 normalized funds from operations of $1.01 per diluted share, up from $0.85 a year earlier.

Analysts polled by Capital IQ expected FFO of $0.95.

Revenue for the quarter ended March 31 was $1.86 billion, up from $1.56 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.86 billion.

The company said it increased the guidance range for full-year 2024 normalized FFO to between $4.02 and $4.15 per diluted share from the previous guidance between $3.94 and $4.10.

Analysts polled by Capital IQ expect FFO of $4.06.

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