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Ventas Inc. Q3 adjusted earnings Beat Estimates

Ventas Inc. (VTR) announced earnings for third quarter that dropped from the same period last year.

The company's earnings totaled $101.97 million, or $0.28 per share. This compares with $613.96 million, or $1.71 per share, in last year's third quarter.

Excluding items, Ventas Inc. reported adjusted earnings of $354.83 million or $0.99 per share for the period.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.1% to $936.54 million from $899.93 million last year.

Ventas Inc. earnings at a glance:

-Earnings (Q3): $354.83 Mln. vs. $372.85 Mln. last year.
-EPS (Q3): $0.99 vs. $1.04 last year.
-Analysts Estimate: $0.36
-Revenue (Q3): $936.54 Mln vs. $899.93 Mln last year.

Full year EPS guidance: $4.03 - $4.07

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