CHICAGO (AP) — CHICAGO (AP) — Ventas Inc. (VTR) on Wednesday reported a key measure of profitability in its third quarter. The results matched Wall Street expectations.
The real estate investment trust, based in Chicago, said it had funds from operations of $334.5 million, or 80 cents per share, in the period.
The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 80 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $19.2 million, or 5 cents per share.
The seniors housing real estate investment trust, based in Chicago, posted revenue of $1.24 billion in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.21 billion.
Ventas expects full-year funds from operations in the range of $3.14 to $3.18 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VTR at https://www.zacks.com/ap/VTR
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
