Ventas, Inc. (NYSE:VTR) is reporting second quarter financial results on Friday 7th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, VTR is expected to report 2Q20 income of $ 0.24 per share from revenue of $ 977.60 million.
For the full year, analysts anticipate top line of $ 3823.36 million, while looking forward to income of $ 1.75 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 3.56 ~ $ 3.69 per share
Click Here For More Historical Outlooks Of Ventas, Inc.
Previous Quarter Performance
Ventas, Inc. disclosed income for the first quarter of $ 0.97 per share, from the revenue of $ 1,012.00 million. The quarterly earnings expanded 177.14 percent while revenues boosted 10.52 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.28 per share from $ 967.70 million in revenue. The bottom line results beat street analysts by $ 0.69 or 246.43 percent, at the same time, top line results outshined analysts by $ 44.30 million or 4.58 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 14.65 billion and is part of the Real Estate sector and REIT – Healthcare Facilities industry.
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Recent Analyst recommendations
- On 10th July 2020, maintained by Deutsche Bank at Hold rating, with $ 41.00 target price.
- On 19th June 2020, maintained by Wells Fargo & Co at Underweight rating, with $ 35.00 target price.
- On 15th June 2020, downgraded by Evercore ISI to Underperform from In-Line rating.
Conference Call
Ventas, Inc. will be hosting a conference call at 10:00 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ventasreit.com
Ventas, Inc., an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems. Through its Lillibridge subsidiary, Ventas provides management, leasing, marketing, facility development and advisory services to highly rated hospitals and health systems throughout the United States.
