Welltower (WELL) Surpasses Q2 FFO and Revenue Estimates

Welltower (WELL) came out with quarterly funds from operations (FFO) of $1.28 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to FFO of $1.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +4.92%. A quarter ago, it was expected that this senior housing and health care real estate investment trust would post FFO of $1.15 per share when it actually produced FFO of $1.2, delivering a surprise of +4.3 ...