Ventas — Oct 30, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000740260-24-000246
Showing in the filing
Attributable Net Income Per Share Midpoint
“$0.10”
Period
FY2024
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 13
Senior housing investments under contract ex…
“$300 million”
Attributable Net Income Per Share Range for FY2024
“$0.07 - $0.13”
Attributable Net Income Per Share Midpoint for FY2024
“$0.10”
Nareit FFO Per Share Range* for FY2024
“$3.02 - $3.08”
Nareit FFO Per Share Midpoint* for FY2024
“$3.05”
Normalized Per Share FFO Range* for FY2024
“$3.12 - $3.18”
Normalized Per Share FFO Midpoint* for FY2024
“$3.15”
Weighted average diluted shares (in millions) for FY2024
“417”
Senior housing investments expected to close for FY2024
“$1.7 billion”
Dispositions of assets (net proceeds) for FY2024
“$330 million”
FAD capital expenditures for FY2024
“~$250 million”
General and administrative expenses for FY2024
“$155 million to $160 million”
Interest expense for FY2024
“$605 million to $609 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
The Company’s guidance contains forward-looking statements and is based on a number of assumptions, including select assumptions identified later in this press release. Actual results may differ materially. As of 8/1/2024 As of 10/30/2024 Attributable Net Income Per Share Range $0.07 - $0.13 $0.09 - $0.13 Attributable Net Income Per Share Midpoint $0.10 $0.11 Nareit FFO Per Share Range* $3.02 - $3.08 $3.04 - $3.08 Nareit FFO Per Share Midpoint* $3.05 $3.06 Normalized Per Share FFO Range* $3.12 - $3.18 $3.14 - $3.18 Normalized Per Share FFO Midpoint* $3.15 $3.16 * Some of the financial measures throughout this press release are non-GAAP measures. Refer to the Non-GAAP Financial Measures Reconciliation tables at the end of this press release for additional information and a reconciliation to the most directly comparable GAAP measure. Investor Presentation A Third Quarter Earnings Presentation is posted to the Events & Presentations section of Ventas’s website at ir.ventasreit.com/events-and-presentations. Additional information regarding the Company can be found in its Third Quarter 2024 Supplemental posted at ir.ventasreit.com. The information contained on, or that may be accessed through, the Company’s website, including the information contained in the aforementioned Earnings Presentation and Supplemental, is not incorporated by reference into, and is not part of, this document. Third Quarter 2024 Results Conference Call Ventas will hold a conference call to discuss this earnings release on Thursday, October 31, 2024 at 10:00 a.
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.