Abhoy Sarkar's Avatar
published in Blogs
May 12, 2022
Welltower(WELL, $86.87) missedQ1 earnings expectations

Welltower(WELL, $86.87) missedQ1 earnings expectations

Welltower posted earnings of $0.14 per share for the first quarter, falling short of the consensus expectations of $0.82 (based on MarketWatch Earnings reports).

The healthcare infrastructure company’s revenue rose +32.7% from the year-ago quarter to $1.40 billion during the quarter, compared to analyst estimates of $1.38 billion.

Looking ahead, Welltower boosted its forecast for Q2 2022 to $0.82-$0.87 EPS.

 

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