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Ventas Inc. Q1 adjusted earnings Beat Estimates

Ventas Inc. (VTR) reported a profit for its first quarter that advanced from last year.

The company's profit came in at $125.79 million, or $0.35 per share. This compares with $78.70 million, or $0.22 per share, in last year's first quarter.

Excluding items, Ventas Inc. reported adjusted earnings of $356.13 million or $0.99 per share for the period.

Analysts had expected the company to earn $0.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.1% to $942.87 million from $943.71 million last year.

Ventas Inc. earnings at a glance:

-Earnings (Q1): $356.13 Mln. vs. $375.92 Mln. last year.
-EPS (Q1): $0.99 vs. $1.05 last year.
-Analysts Estimate: $0.31
-Revenue (Q1): $942.87 Mln vs. $943.71 Mln last year.

Full year EPS guidance: $3.75 - $3.85

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