Ventas Inc. (VTR) reported third-quarter net income attributable to stockholders of $49.8 million or $0.32 per share compared to $63.8 million or $0.45 per share a year ago.
Funds from operations decreased to $98.289 million from $112.959 million last year. FFO per share was $0.63 compared to $0.80 a year ago.
Normalized funds from operations increased to $103.4 million from $96.2 million last year. Normalized FFO per share was $0.66 compared to $0.68 last year.
On average, 13 analysts polled by Thomson Reuters expected the company to report profit of $0.63 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues were $235.830 million compared to $235.121 million last year. Analysts expected revenue of $230.42 million for the quarter.
Ventas currently expects its 2009 normalized FFO per share to range between $2.62 and $2.65, improving its previously announced 2009 guidance of between $2.55 and $2.62 per share.
The company now expects fiscal 2009 net income per share attributable to stockholders in the range of $1.69-$1.71; prior guidance was a range of $1.68-$1.74.
The company now expects fiscal 2009 FFO per share in the range of $2.51-$2.53; prior guidance was a range of $2.45-$2.51.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.