Welltower WELL reported its Q3 earnings outcomes on Monday, October 28, 2024 at 04:05 PM.
Here is what traders must know in regards to the announcement.
Earnings
Welltower beat estimated earnings by 7.000000000000001%, reporting an EPS of $1.11 versus an estimate of $1.04.
Income was up $394.00 million from the identical interval final 12 months.
Historic Earnings Abstract
Final quarter the corporate beat on EPS by $0.04 which was adopted by a 1.0% enhance within the share worth the following day.
Here is a have a look at Welltower’s previous efficiency:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | This fall 2023 | Q3 2023 |
|---|---|---|---|---|---|
| EPS Estimate | 1.04 | 1.01 | 0.94 | ||
| EPS Precise | 1.11 | 1.05 | 1.01 | 0.96 | 0.92 |
| Income Estimate | 1.95B | 1.89B | 1.81B | 1.75B | 1.63B |
| Income Precise | 2.06B | 1.82B | 1.56B | 1.75B | 1.66B |
New traders ought to observe that it’s typically not an earnings beat or miss that the majority impacts the value of a inventory, however the steerage (or forecast).
Steerage
Welltower administration supplied steerage for FY 2024, anticipating earnings between $4.27 and $4.33 per share.
Comparability of Rivals’ Latest Earnings
With Welltower’s earnings information now accessible, it is essential to gauge how its opponents, together with Healthpeak Properties, Sabra Well being Care REIT, and Nationwide Well being Buyers, have been performing.
- The most recent earnings announcement from Healthpeak Properties on October 24, 2024 exceeded expectations, with an precise EPS of $0.45 in comparison with the market’s estimate of $0.44, leading to a 2.27% enhance.
- Sabra Well being Care REIT’s earnings on October 31, 2024 exceeded market projections, revealing an EPS of $0.35 in comparison with the estimated EPS of $0.35, leading to a 0.0% enhance.
- On November 05, 2024, Nationwide Well being Buyers unveiled earnings that had been beneath market expectations, with an precise EPS of $1.03 in comparison with an estimated EPS of $1.08, leading to a -4.63% lower.
Complete Evaluation: Rivals’ Quarterly Earnings and Inventory Efficiency
This insightful evaluation gives an outline of the market’s responses to the most recent earnings releases from key opponents. It presents the projected and precise earnings per share (EPS) figures for every firm, alongside the related inventory costs on the shut of the announcement day and the opening of the next buying and selling day.
| Firm Identify | Date | EPS Anticipated | EPS Introduced | EPS Change % | Inventory Value At Shut | Inventory Value at Subsequent Day Open | Value Change % |
|---|---|---|---|---|---|---|---|
| Welltower | October 28, 2024 | 1.04 | 1.11 | 6.73% | $130.57 | $133.62 | 2.34% |
| Healthpeak Properties | October 24, 2024 | 0.44 | 0.45 | 2.27% | $23.0 | $22.66 | -1.48% |
| Sabra Well being Care REIT | October 31, 2024 | 0.35 | 0.35 | 0.0% | $19.4 | $19.78 | 1.96% |
| Nationwide Well being Buyers | November 05, 2024 | 1.08 | 1.03 | -4.63% | $76.73 | $76.75 | 0.03% |
Delving into Peer Income Comparability: Estimated vs. Introduced
The desk beneath illustrates a comparability of estimated and introduced income figures for Welltower’s friends. This comparability sheds gentle on the income efficiency of those firms, offering worthwhile context to grasp their monetary standing inside the trade.
| Firm Identify | Estimated Income | Introduced Income | Income Shock Proportion |
|---|---|---|---|
| Welltower | 1.95B | 2.06B | 5.44% |
| Healthpeak Properties | 688.98M | 700.40M | 1.66% |
| Sabra Well being Care REIT | 172.34M | 178.00M | 3.28% |
| Nationwide Well being Buyers | 79.21M | 82.94M | 4.72% |
To trace all earnings releases for Welltower go to their earnings calendar right here.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
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