Ventas (VTR) Q2 FFO Beats Estimates on Higher Same-Store NOI
VTRVentas(VTR) ZACKS·2024-08-03 00:21

Ventas, Inc. (VTR) reported second-quarter 2024 normalized funds from operations (FFO) per share of 80 cents, which surpassed the Zacks Consensus Estimate of 79 cents. The reported figure increased 6.7% from the prior-year quarter's tally. Results reflect growth in occupancy in the SHOP same-store portfolio contributing to higher revenue generation. The company has improved its 2024 outlook. VTR clocked in revenues of $1.20 billion in the second quarter, which beat the Zacks Consensus Estimate of $1.19 bill ...