☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) Delaware 34-1096634 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-8923 WELLTOWER INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of In ...

Welltower (WELL) reported $2.42 billion in revenue for the quarter ended March 2025, representing a year- over-year increase of 30.3%. EPS of $1.20 for the same period compares to $0.22 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.37 billion, representing a surprise of +2.12%. The company delivered an EPS surprise of +4.35%, with the consensus EPS estimate being $1.15. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Welltower (WELL) came out with quarterly funds from operations (FFO) of $1.20 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to FFO of $1.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 4.35%. A quarter ago, it was expected that this senior housing and health care real estate investment trust would post FFO of $1.12 per share when it actually produced FFO of $1.13, delivering a surprise of 0.89 ...

Table of Contents | Overview | 1 | | --- | --- | | Portfolio | 2 | | Investment | 6 | | Financial | 10 | | Glossary | 15 | | Supplemental Reporting Measures | 16 | | Forward Looking Statements and Risk Factors | 20 | Overview (dollars and occupancy at Welltower pro rata ownership; dollars in thousands) Portfolio Composition Beds/Unit Mix (1) | | Average | | | Wellness | Independent | Assisted | Memory | Long-Term/ Post-Acute | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | Age | Properties | To ...

Core Insights - Welltower Inc. reported strong financial results for the first quarter of 2025, with significant growth in net income and funds from operations, driven by robust performance in its Seniors Housing Operating portfolio [11][8]. Financial Performance - Reported net income attributable to common stockholders was $257.96 million, or $0.40 per diluted share, compared to $127.15 million, or $0.22 per diluted share in the prior year, marking a substantial increase [11][24]. - Normalized funds from operations (FFO) attributable to common stockholders were $787.18 million, or $1.20 per diluted share, an 18.8% increase year-over-year [11][26]. - Total revenues for the quarter reached $2.42 billion, up from $1.86 billion in the same period last year, reflecting strong demand in the seniors housing sector [11][23]. Capital Activity and Liquidity - The company sourced over $3.1 billion in capital, reducing net debt to consolidated enterprise value to 10.8% from 17.4% year-over-year, enhancing its liquidity profile [3][4]. - As of March 31, 2025, Welltower had approximately $8.6 billion in available liquidity, including $3.6 billion in cash and full capacity under its $5.0 billion line of credit [11][4]. Credit Ratings - S&P and Moody's upgraded Welltower's credit ratings to "A-" and "A3" respectively, citing strong operating performance and improved balance sheet metrics as key factors [4][11]. Portfolio Activity - In the first quarter, Welltower completed $2.8 billion in pro rata gross investments, including $2.7 billion in acquisitions and loan funding [5][11]. - A definitive agreement was announced to acquire a portfolio of 38 ultra-luxury seniors housing communities for C$4.6 billion, expected to close in late 2025 or early 2026 [6][11]. Dividend Declaration - The Board of Directors declared a cash dividend of $0.67 per share for the quarter ended March 31, 2025, marking the 216th consecutive quarterly cash dividend [7][11]. Outlook for 2025 - The company revised its net income guidance to a range of $1.70 to $1.84 per diluted share and increased its normalized FFO guidance to $4.90 to $5.04 per diluted share [8][11]. - Average blended same store NOI growth is expected to be between 10.00% and 13.25%, with the Seniors Housing Operating segment projected to grow between 16.5% and 21.5% [12][11].

NEW YORK, April 23, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Welltower Inc. (NYSE: WELL) on behalf of the company's shareholders.  The investigation seeks to determine whether Welltower's directors breached their fiduciary duties in connection with recent corporate actions.If you are a shareholder of Welltower and are interested in obtaining additional information regarding your rights and options, free of charge, please visit us at: https://pjlfirm.com/welltower-inc/Y ...

Core Viewpoint - Wall Street analysts expect Welltower (WELL) to report quarterly earnings of $1.15 per share, reflecting a year-over-year increase of 13.9% and revenues of $2.37 billion, which is a 27.6% increase compared to the same quarter last year [1] Earnings Projections - The consensus EPS estimate for the quarter has been revised upward by 0.4% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3] Revenue Estimates - Analysts estimate 'Revenues- Interest income' at $70.33 million, representing a year-over-year change of +33.5% [5] - The average prediction for 'Revenues- Resident fees and services' is $1.82 billion, indicating a +34.1% change from the prior-year quarter [5] - 'Revenues- Rental income' is expected to reach $428.33 million, showing a +2.6% change from the year-ago quarter [6] - 'Revenues- Other income' is estimated at $32.56 million, reflecting an +11.7% change from the previous year [6] Depreciation and Amortization - Analysts forecast 'Depreciation and amortization' to be $462.90 million, compared to $365.86 million from the year-ago figure [6] Stock Performance - Over the past month, Welltower shares have returned -0.6%, while the Zacks S&P 500 composite has seen a -6.6% change [7] - Welltower currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [7]

Core Insights - WELL Health Technologies Corp. is set to release its Fiscal Fourth Quarter and Year End 2024 financial results on April 14, 2025, after market close [1] - A conference call to discuss the results will take place on April 15, 2025, at 1:00 PM ET, hosted by the CEO and CFO [1][2] Company Overview - WELL Health Technologies Corp. focuses on leveraging technology to improve health outcomes for healthcare practitioners and patients globally [1] - The company provides a comprehensive healthcare and digital platform that includes front and back-office management software applications, supporting over 41,000 healthcare providers in the US and Canada [2] - WELL operates the largest owned and operated healthcare ecosystem in Canada, with more than 200 clinics offering primary care, specialized care, and diagnostic services [2] - In the US, WELL's solutions target specialized markets such as gastrointestinal health, women's health, primary care, and mental health [2]

Core Viewpoint - Welltower Inc. will release its first quarter 2025 financial results on April 28, 2025, followed by a conference call on April 29, 2025, to discuss these results [1][2]. Company Overview - Welltower Inc. is a leading residential wellness and healthcare infrastructure company, operating over 1,500 seniors and wellness housing communities across the United States, United Kingdom, and Canada [3]. - The company positions itself at the intersection of housing, healthcare, and hospitality, aiming to create vibrant communities for older adults [3]. - Welltower views its real estate portfolio as unique, located in attractive micro-markets, and emphasizes its identity as a product company within a real estate framework [4]. Business Strategy - The company employs a disciplined approach to capital allocation, supported by a Data Science platform and superior operating results through the Welltower Business System [5]. - Welltower aims to deliver long-term compounding of per share growth and returns for its investors, which is described as its "North Star" [5].

Core Viewpoint - Welltower has received credit rating upgrades from S&P Global Ratings and Moody's Investor Service, reflecting strong operational performance and improved financial metrics, positioning the company favorably in the healthcare real estate sector [1][2][3]. Group 1: Credit Ratings and Financial Metrics - S&P Global Ratings upgraded Welltower's credit rating to "A-" with a stable outlook, citing robust industry tailwinds and improved balance sheet [1]. - Moody's upgraded Welltower's rating to "A3" with a stable outlook, recognizing the company's improved leverage and strong revenue growth [1][3]. - Both agencies anticipate further enhancements in Welltower's credit metrics over the next two years due to favorable supply and demand dynamics in the industry [2]. Group 2: Market Position and Growth Potential - Welltower is expected to benefit from its diversified portfolio of healthcare real estate assets across the U.S., Canada, and the U.K., particularly from the aging population and increased healthcare expenditure among senior citizens [5]. - The company's Seniors Housing Operating portfolio is projected to grow, supported by favorable trends in outpatient medical visits [5]. - Welltower's operating platform, Welltower Business System, enhances its competitive edge and access to long-term investment opportunities [4]. Group 3: Stock Performance - Over the past three months, Welltower's shares have increased by 23.4%, significantly outperforming the industry growth of 6.1% [6].