Welltower Q4 2023 FFO $0.96 Beats $0.94 Estimate, Sales $1.75B Inline
Portfolio Pulse from Benzinga Newsdesk
Welltower (NYSE:WELL) reported Q4 2023 earnings of $0.96 per share, surpassing the consensus estimate of $0.94 by 2.13%. Quarterly sales were $1.75 billion, in line with estimates and marking a 15.21% increase from the previous year.
February 13, 2024 | 9:10 pm
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Welltower reported Q4 2023 earnings of $0.96 per share, exceeding estimates, with sales of $1.75 billion, a 15.21% increase from last year.
Welltower's earnings beat and significant year-over-year sales growth are positive indicators for the stock. Beating estimates typically leads to positive investor sentiment, potentially driving the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100