Ventas (VTR) Q2 FFO and Revenues Top Estimates

分组1 - Ventas reported quarterly funds from operations (FFO) of $0.80 per share, exceeding the Zacks Consensus Estimate of $0.79 per share, and up from $0.75 per share a year ago, representing an FFO surprise of 1.27% [1] - The company posted revenues of $1.2 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.78%, compared to $1.11 billion in the same quarter last year [2] - Over the last four quarters, Ventas has surpassed consensus FFO estimates three times and topped consensus revenue estimates four times [2] 分组2 - The stock's immediate price movement will depend on management's commentary on the earnings call and future FFO expectations [3] - Ventas shares have increased by approximately 9.2% since the beginning of the year, while the S&P 500 has gained 15.8% [3] - The current consensus FFO estimate for the coming quarter is $0.80 on $1.21 billion in revenues, and for the current fiscal year, it is $3.16 on $4.82 billion in revenues [7] 分组3 - The Zacks Industry Rank indicates that the REIT and Equity Trust - Other industry is currently in the top 39% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for Ventas is currently mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]