Ventas reports Q2 normalized FFO 87c, consensus 85c

Reports Q2 revenue $1.42B, consensus $1.37B. “The Company delivered strong earnings growth in the second quarter, led by powerful organic and external growth in our Senior Housing Operating Portfolio,” said Debra A. Cafaro, Ventas (VTR) Chairman and CEO. “We are experiencing an unprecedented multiyear growth opportunity in senior housing driven by secular demand from a large and growing aging population, historically low new supply and an attractive product offering that is valuable to seniors. Our advantaged platform enables us to drive performance in our existing communities and make compelling investments in senior housing.”