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Ventas Inc. Q4 adjusted earnings Beat Estimates

Ventas Inc. (VTR) released a profit for fourth quarter that decreased from last year.

The company's earnings came in at $62.27 million, or $0.17 per share. This compares with $392.55 million, or $1.09 per share, in last year's fourth quarter.

Excluding items, Ventas Inc. reported adjusted earnings of $344.10 million or $0.96 per share for the period.

Analysts had expected the company to earn $0.35 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.1% to $923.26 million from $895.29 million last year.

Ventas Inc. earnings at a glance:

-Earnings (Q4): $344.10 Mln. vs. $371.01 Mln. last year.
-EPS (Q4): $0.96 vs. $1.03 last year.
-Analysts Estimate: $0.35
-Revenue (Q4): $923.26 Mln vs. $895.29 Mln last year.

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