Ventas Q1 2024 FFO $0.78 Beats $0.74 Estimate, Sales $1.19B Beat $1.16B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ventas (NYSE:VTR) reported Q1 2024 FFO of $0.78 per share, surpassing the $0.74 estimate, with sales of $1.19B exceeding the $1.16B forecast. This represents a 10.49% increase in sales compared to the same period last year.

May 01, 2024 | 8:11 pm
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Ventas reported a strong Q1 2024 with FFO and sales exceeding analyst estimates, indicating robust financial health and operational efficiency.
Beating both FFO and sales estimates typically leads to positive investor sentiment and can result in a short-term uptick in stock price. The significant year-over-year sales growth further underscores the company's strong performance and may attract more investors.
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