Ventas Q1 2023 Earnings Report
Key Takeaways
Ventas reported solid first-quarter results, driven by SHOP and medical office buildings growth. The company reaffirmed its Normalized FFO guidance for the full year and remains focused on financial strength and flexibility. Ventas completed its plan to take ownership of the Santerre Portfolio and continues to focus on maximizing the value of the assets.
Ventas's Q1 results underscore strong momentum across the business.
SHOP led performance with outstanding top- and bottom-line growth.
Ventas is focused on financial strength and flexibility.
The company reaffirmed Normalized FFO guidance for the full year.
Ventas
Ventas
Ventas Revenue by Segment
Forward Guidance
Ventas reaffirmed its previous full year guidance for Normalized FFO. The company also reaffirmed its guidance for net income attributable to common stockholders and Nareit FFO before the impact of purchase accounting adjustments and other GAAP impacts.
Revenue & Expenses
Visualization of income flow from segment revenue to net income