Ventas Reports 2019 Third Quarter Results
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Ventas (VTR) Misses Q3 EPS by 9c, Revenues Beat; Lowers FY19 EPS Guidance
October 25, 2019 7:36 AM EDTVentas (NYSE: VTR) reported Q3 EPS of $0.23, $0.09 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $983.16 million versus the consensus estimate of $935.22 million.
Third Quarter 2019 Company Performance
Net income attributable to common stockholders per diluted share for the third quarter 2019 was $0.23 compared to $0.28 in the same period in 2018. The year-over-year change was principally driven by the positive contribution from new investments, more than offset by higher depreciation and amortization in the third quarter 2019 and the receipt of a $12 million cash fee (the 2018 Fee) in the third quarter of... More