Welltower Inc. (WELL) Q4 2023 Earnings Call Transcript

Feb. 14, 2024 1:28 PM ETWelltower Inc. (WELL) StockWELL
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Q4: 2024-02-13 Earnings Summary

EPS of $0.15 misses by $0.12
 | Revenue of $1.75B (15.23% Y/Y) beats by $12.34M

Welltower Inc. (NYSE:WELL) Q4 2023 Earnings Conference Call February 14, 2024 9:00 AM ET

Company Participants

Matthew McQueen - General Counsel
Shankh Mitra - Chief Executive Officer
John Burkart - Chief Operating Officer
Tim McHugh - Chief Financial Officer
Nikhil Chaudhri - Chief Investment Officer

Conference Call Participants

Connor Siversky - Wells Fargo
Jeff Spector - Bank of America
Vikram Malhotra - Mizuho
Jonathan Hughes - Raymond James
Tayo Okusanya - Deutsche Bank
Jim Kammert - Evercore
Austin Wurschmidt - KeyBanc Capital Markets
Nick Joseph - Citigroup
Mike Mueller - JPMorgan
John Pawlowski - Green Street
Michael Carroll - RBC Capital Markets
Rich Anderson - Wedbush
Nick Yulico - Scotiabank
Wes Golladay - Baird
Juan Sanabria - BMO Capital Markets
Ronald Kamdem - Morgan Stanley

Operator

Good morning. And welcome to the Welltower Fourth Quarter 2023 Earnings Conference Call. Please note that this call is being recorded. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. [Operator Instructions]

I will now turn the call over to Matthew McQueen, General Counsel. You may begin your conference.

Matthew McQueen

Thank you and good morning. As a reminder, certain statements made during this call may be deemed forward-looking statements in the meaning of the Private Securities Litigation Reform Act.

Although Welltower believes any forward-looking statements are based on a reasonable assumption, 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 will review our fourth quarter and full year 2023 results and describe high level

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