Welltower (WELL) Surpasses Q2 FFO and Revenue Estimates

Core Insights - Welltower reported quarterly funds from operations (FFO) of $1.28 per share, exceeding the Zacks Consensus Estimate of $1.22 per share, and up from $1.05 per share a year ago [1][2] - The company achieved revenues of $2.55 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.11%, compared to $1.82 billion in the same quarter last year [3] - Welltower's stock has increased approximately 28.2% year-to-date, significantly outperforming the S&P 500's gain of 8.6% [4] Financial Performance - The FFO surprise for the recent quarter was +4.92%, following a previous surprise of +4.35% in the prior quarter [2] - Over the last four quarters, Welltower has consistently exceeded consensus FFO estimates [2][3] - The current consensus FFO estimate for the upcoming quarter is $1.28, with projected revenues of $2.56 billion, and for the current fiscal year, the estimates are $5.02 on revenues of $10.03 billion [8] Industry Context - Welltower operates within the Zacks REIT and Equity Trust - Other industry, which is currently ranked in the top 38% of over 250 Zacks industries [9] - The performance of Welltower's stock may be influenced by the overall outlook for the industry, as top-ranked industries tend to outperform lower-ranked ones by a significant margin [9] Future Outlook - The sustainability of Welltower's stock price movement will largely depend on management's commentary during the earnings call and future FFO expectations [4] - The estimate revisions trend for Welltower was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [7]