Ventas Inc reports results for the quarter ended March 31 - Earnings Summary

• Ventas Inc VTR.N reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of six analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from -5 cents to 13 cents per share.

• Revenue rose 13.2% to $1.36 billion from a year ago; analysts expected $1.32 billion.

• Ventas Inc's reported EPS for the quarter was 10 cents​.

• The company reported quarterly net income of $46.87 million.

• Ventas Inc shares had risen by 0.6% this quarter and gained 17.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"

• Wall Street's median 12-month price target for Ventas Inc is $75.00

This summary was machine generated from LSEG data April 30 at 09:37 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)