Ventas Reports 2020 Second Quarter Results
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Ventas (VTR) Misses Q2 EPS by 67c, Revenues Miss
August 7, 2020 6:56 AM EDTVentas (NYSE: VTR) reported Q2 EPS of ($0.43), $0.67 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $943.2 million versus the consensus estimate of $977.6 million.
Our second quarter results demonstrate the significant benefit of Ventass diversified portfolio. We achieved strong performance in our Office and Triple-Net Lease segments, which partially offset the unprecedented impact of the COVID-19 pandemic on our senior housing operating portfolio, said Debra A. Cafaro, Ventas Chairman and CEO. During the quarter, we... More
