Ventas, Inc. (VTR) Wednesday reported third-quarter net income of $19.2 million or $0.05 per share, compared to a loss of $71.12 million or $0.18 per share last year.
Nareit FFO attributable to common stockholders was $331.49 million or $0.79 per share, compared to $294.96 million or $0.73 per share last year.
Normalized FFO attributable to common stockholders for the quarter was $334.52 million or $0.80 per share, compared to $304.56 million or $0.75 per share last year.
Total revenues for the quarter rose to $1.236 billion from $1.149 billion last year.
Analysts polled by Thomson Reuters expected a loss of $0.03 per share on revenues of $1.21 billion.
Looking forward to the full year 2024, the company expects net income per share of $0.09 to $0.13, Nareit FFO per share of $3.04 to $3.08 and Normalized FFO per share of $3.14 to $3.18.
Previously, the company expected net income per share of $0.07 to $0.13, Nareit FFO per share of $3.02 to $3.08 and Normalized FFO per share of $3.12 to $3.18.
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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.