Toledo, Ohio-based Welltower Inc. (WELL) operates as a REIT and invests with senior housing operators, post-acute providers, and health systems. With a market cap of $78.2 billion, Welltower’s portfolio is concentrated in major, high-growth markets in the U.S., Canada, and the United Kingdom. The real estate giant is expected to release its Q3 earnings after the market closes on Monday, Oct. 28.
Ahead of the event, analysts expect Welltower to report funds from operations (FFO) of $1.04 per share, up 13% from $0.92 per share reported in the year-ago quarter. Moreover, the company has surpassed Wall Street’s FFO projections in each of the past four quarters. Its FFO per share for the last reported quarter grew 16.7% year-over-year to $1.05, while exceeding the consensus estimates by 5%.
