- Q1 normalized FFO of $387.5M or $1.18 per share vs. $323.4M and $1.09 one year ago. Share count rose to 329.2M from 296.2M.
- Same-store cash NOI growth for total portfolio of 3.2%.
- Total seniors housing operating portfolio NOI of $148.6M up 21%. Same-store NOI up 0.9% (sizable acquisition closed in January).
- 2015 normalized FFO guidance is boosted to $4.67-$4.75 per share, though Q2 growth will be below the full-year growth range thanks to timing of dispositions, reinvestments, and fee income. Same-store cash NOI growth is still expected at 2.5-3.5%.
- Conference call at 10 ET
- Previously: Ventas beats by $0.04, beats on revenue (April 24)
- VTR flat premarket