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Welltower (WELL)
NYSE:WELL
Holding WELL?
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Earnings Data
Report Date
Feb 11, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.41Last Year’s EPS
0.15Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: -0.45%
|Next Earnings Date:Jul 27, 2018
Earnings Call Sentiment|Positive
The earnings call presented a strong performance with record revenue and FFO growth, significant advancements in senior housing, and a successful tech platform rollout. Despite persistent challenges in labor and inflation, and initial costs associated with tech rollout, the company's strategic investments and strengthened balance sheet suggest a positive outlook.Company Guidance
During the Welltower Q3 2024 earnings call, the company provided guidance updates reflecting strong performance metrics and future expectations. The guidance for the year was raised by $0.13 per share, highlighting a 21% increase in FFO per share. This quarter marked a significant milestone as Welltower's quarterly revenue exceeded $2 billion for the first time. The senior housing operating portfolio reported a remarkable year-over-year same-store NOI growth of 23%, marking the eighth consecutive quarter of growth exceeding 20%. Same-store occupancy increased by 310 basis points, while RevPAR grew by 4.9% year-over-year. The spread between RevPAR and unit expense remained historically wide, contributing to a 300 basis point year-over-year margin expansion. The company also reported $1.2 billion in completed or under-contract transactions in Q3, bringing the year-to-date investment activity to over $6 billion. Furthermore, Welltower's balance sheet showed a leverage of 3.7x and nearly $10 billion in liquidity, positioning the company well for future opportunities.Record-High FFO and Revenue
FFO per share increased by 21% year-over-year, and quarterly revenue exceeded $2 billion for the first time in the company's history.
Significant Growth in Senior Housing
Senior housing operating portfolio saw a year-over-year same-store NOI growth of 23%, marking the eighth consecutive quarter of growth exceeding 20%.
Successful Technology Platform Rollout
The company went live with its new tech platform, improving customer and employee experiences, and is preparing for further rollout.
Robust Capital Deployment
Year-to-date investment activity reached over $6 billion, with $1.2 billion in transactions completed or under contract in the past quarter.
Strong Balance Sheet Position
Leverage reduced to 3.7x with nearly $10 billion of liquidity, positioning the company well for future obligations and opportunities.
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WELL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WELL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $129.93 | $136.66 | +5.18% |
| Jul 29, 2024 | $110.46 | $111.05 | +0.53% |
| Apr 29, 2024 | $94.18 | $93.69 | -0.52% |
| Feb 13, 2024 | $85.26 | $91.22 | +6.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Welltower (WELL) report earnings?
Welltower (WELL) is schdueled to report earning on Feb 11, 2025, TBA Not Confirmed.
What is Welltower (WELL) earnings time?
Welltower (WELL) earnings time is at Feb 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WELL EPS forecast?
WELL EPS forecast for the fiscal quarter 2024 (Q4) is 0.41.
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