- Q2 normalized FFO of $394.3M or $1.18 per share vs. $331.6M and $1.12 one year ago. Share count of 334M up from 296.5M.
- Total seniors housing operating (SHOP) portfolio NOI of $155.4M up 24% Y/Y. Same-store SHOP NOI up 4% for 234 same-store properties.
- Same-store cash NOI growth for total portfolio (1,342 assets) growth of 2.4% in constant currency.
- Full-year normalized FFO guidance is boosted to $4.70-$4.76, or 5-6% growth from 2014. Guidance includes pending acquisition of Ardent, but does not take into account the upcoming spinoff of Care Capital. Same-store cash NOI growth of 2.5-3.5% in unchanged.
- Conference call at 10 ET
- Previously: Ventas beats by $0.02, beats on revenue (July 24)
- VTR flat premarket