Ventas Surpasses Wall Street Expectations with Strong Q4 Results

Ventas Inc. (VTR) announced a robust performance in its fourth quarter of 2023, exceeding analyst estimates.

Key Metrics

* Funds from operations (FFO): $347.2 million ($0.81 per share)
* Average analyst estimate: $0.80 per share
* Net income: $56.8 million ($0.13 per share)
* Revenue: $1.29 billion

Financial Highlights

* Revenue surpassed expectations of $1.26 billion, as estimated by Zacks.
* Annual FFO reached $1.33 billion.
* Total annual revenue: $4.92 billion.

Outlook

Ventas predicts a full-year FFO range of $3.35 to $3.46 per share.