Welltower (WELL) Q4 FFO and Revenues Surpass Estimates

Core Insights - Welltower (WELL) reported quarterly funds from operations (FFO) of $1.13 per share, exceeding the Zacks Consensus Estimate of $1.12 per share, and up from $0.96 per share a year ago [1][2] - The company achieved revenues of $2.25 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 6.02%, compared to $1.75 billion in the same quarter last year [3] - Welltower has consistently outperformed consensus estimates, surpassing FFO estimates in all four of the last quarters and revenue estimates three times in the same period [2][3] Financial Performance - The FFO surprise for the recent quarter was 0.89%, and the company had a previous quarter FFO of $1.11, which was also above expectations by 6.73% [2] - The current consensus FFO estimate for the upcoming quarter is $1.15 on revenues of $2.21 billion, and for the current fiscal year, it is $4.79 on revenues of $8.93 billion [8] Market Position - Welltower shares have increased approximately 13.6% since the beginning of the year, significantly outperforming the S&P 500's gain of 3.1% [4] - The Zacks Rank for Welltower is currently 2 (Buy), indicating expectations for the stock to outperform the market in the near future [7] Industry Context - The REIT and Equity Trust - Other industry, to which Welltower belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, which may impact stock performance [9] - The performance of Welltower may also be influenced by the overall outlook for the industry, as empirical research indicates a strong correlation between stock movements and estimate revisions [6][9]