
Welltower Inc. ($WELL) reported its fourth-quarter fiscal 2024 results, revealing a revenue of $2.25 billion, exceeding analysts' expectations of $2.12 billion. The company also reported adjusted earnings per share (EPS) of $1.13, which matched forecasts. Year-over-year, Welltower's seniors housing revenue increased by 8.8%. The firm highlighted strong net operating income (NOI) growth and completed $7 billion in acquisitions, contributing to its market leadership. Welltower's available liquidity stands at $8.7 billion. Separately, W. P. Carey ($WPC) announced its fourth-quarter results, with an adjusted EPS of $1.21 and revenue of $406.2 million. The company made a record $841.3 million in investments during the quarter, totaling $1.6 billion for the year, while shifting focus from the office sector to long-term growth.
Welltower, $WELL, Q4 FY24. Results: 📊 Adj EPS: $1.13 🟢 💰 Revenue: $2.25B 🟢 🏡 Seniors Housing Revenue: +8.8% YoY 💳 Available Liquidity: $8.7B 🔎 Strong NOI growth & $7B in acquisitions solidify Welltower’s market leadership.
W. P. Carey, $WPC, Q4 FY24: 📊 Adj. EPS: $1.21 🟢 💰 Revenue: $406.2M 🟢 🔎 WPC completed a record $841.3M in investments for Q4, bringing the full-year total to $1.6B, while successfully exiting the office sector to focus on long-term growth.
$WELL Earnings: - Reported net income attributable to common stockholders of $0.19 per diluted share - Reported quarterly normalized funds from operations attributable to common stockholders of $1.13 per diluted share, an increase of 17.7% over the prior year - Reported total… https://t.co/gPixJOOW8q