Welltower Sees FY23 EPS $0.73-$0.84 Vs $0.59 Est; Normalized FFO $3.48-$3.59 Vs $3.43-$3.56 Prior
Portfolio Pulse from Benzinga Newsdesk
Welltower has revised its full year 2023 net income attributable to common stockholders outlook to a range of $0.73 to $0.84 per diluted share, up from previous guidance of $0.61 to $0.74. The company also revised its full year normalized FFO attributable to common stockholders guidance to a range of $3.48 to $3.59 per diluted share, up from $3.43 to $3.56.
July 31, 2023 | 8:30 pm
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POSITIVE IMPACT
Welltower has increased its FY23 net income and normalized FFO guidance. This could indicate a positive outlook for the company's performance.
Welltower's revised guidance indicates that the company expects to perform better than previously anticipated. This could lead to increased investor confidence and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100