Welltower (WELL) Q2 FFO Beat Estimates, Same Store NOI Rises
WELLWelltower(WELL) ZACKS·2024-07-31 01:10

Welltower Inc.’s (WELL) second-quarter 2024 normalized funds from operations (FFO) per share of $1.05 surpassed the Zacks Consensus Estimate of $1.00. The reported figure improved 16.7% year over year.Results reflect a rise in revenues on a year-over-year basis. The total portfolio same-store net operating income (SSNOI) increased year over year, driven by SSNOI growth in the seniors housing operating (SHO) portfolio. The company also raised its guidance for 2024.WELL recorded revenues of $1.82 billion in t ...