Welltower Inc. (WELL) CEO Shankh Mitra on Q3 2021 results - Earnings Call Transcript

Nov. 05, 2021 11:38 AM ETWelltower Inc. (WELL) StockWELL
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Q3: 2021-11-04 Earnings Summary

EPS of $0.42 beats by $0.18
 | Revenue of $1.24B (19.57% Y/Y) beats by $65.46M

Welltower Inc. (NYSE:WELL) Q3 2021 Earnings Conference Call November 5, 2021 8:30 AM ET

Company Participants

Matt McQueen – General Counsel
Shankh Mitra – Chief Executive Officer
John Burkart – COO
Tim Mchugh – Chief Financial Officer

Conference Call Participants

Steve Sakwa – Evercore ISI
Amanda Sweitzer – Baird
John Pelusi – Green Street
Nick Joseph – Citi
Mike Mueller – J.P. Morgan
Juan Sanabria – BMO Capital Markets
Derek Johnston – Deutsche Bank
Tayo Okusanya – Credit Suisse
Rich Hill – Morgan Stanley
Michael Carroll – RBC Capital Markets
Jordan Sadler – KeyBanc Capital Markets
Rich Anderson – SMBC
Nick Yulico – Scotiabank

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Q3 2021 Welltower Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] [Operator Instructions] I will now like to hand the conference over to Matt McQueen, General Counsel. Please go ahead.

Matt Mcqueen

Thank you and good morning. As a reminder, certain statements made during this call may be deemed forward-looking statements from the meaning of the Private Securities Litigation Reform Act. Although Welltower believes any forward-looking statements are based on reasonable assumptions, the Company can give no assurances that projected results will be attained. Factors that could cause actual results to differ materially from those in the forward-looking statements are detailed in the Company's filings with the SEC. And with that, I'll hand the call over to Shankh for his remarks.

Shankh Mitra

Thank you, Matt. And good morning, everyone. I hope that all of you and your families are safe and healthy. I'll walk you through our high-level business trends and capital allocation priorities. John Burkart, our COO, will walk you through the details, operating environment in SHO and MOB. Tim will walk you

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