Ventas reports Q1 normalized FFO 94c, consensus 91c

Total Company Net Operating Income year-over-year growth of 14% and Total Company Same-Store Cash NOI year-over-year growth of 9%. “Ventas (VTR) delivered excellent first quarter results, powered by our senior housing operating portfolio (“SHOP”). We generated outsized organic growth in SHOP and drove significant occupancy gains, utilizing our differentiated platform, proprietary data and analytics capabilities, operating expertise and industry relationships. As the nearly 70 million Baby Boomers begin turning 80 in 2026, we expect durable demand for our attractive senior housing communities located in favorable markets to increase and provide a sustainable growth and value creation opportunity for Ventas,” said Debra A. Cafaro, Ventas Chairman and CEO.