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Barchart
Barchart
Sohini Mondal

Welltower's Q2 2024 Earnings: What to Expect

With a market cap of $63.3 billion, Welltower Inc. (WELL) is a leading real estate investment trust (REIT) specializing in healthcare infrastructure across seniors housing, post-acute care, and outpatient medical facilities. Based in Toledo, Ohio, the company is expected to unveil its fiscal Q2 earnings results after the market closes on Monday, Jul. 29.

Prior to the event, analysts anticipate WELL to report a Fund from Operations (FFO) of $1.00 per share, up 11.1% from $0.90 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the past four quarters. In the most recent quarter, the company reported an FFO of $1.01, marking a notable 18.8% annual jump and exceeding the consensus EPS estimate by a 7.5% margin.

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