The earnings call highlighted strong financial performance with significant growth in SHOP and outpatient medical segments, alongside an increase in investment guidance. However, challenges remain with the headwinds from post-acute asset dispositions and a competitive acquisition market. Overall, the call presents a positive outlook with some caution regarding specific segments.

Company Guidance

During Ventas' second quarter 2025 earnings call, the company reported strong financial performance and raised its full-year guidance. Key metrics included a 9% year-over-year growth in normalized funds from operations (FFO) per share, with the full-year normalized FFO guidance midpoint increased to $3.44 per share, representing an 8% growth. Total company same-store cash net operating income (NOI) grew by 7%, driven by a 13.3% increase in the Senior Housing Operating Portfolio (SHOP) and 2.2% growth in the outpatient medical segment. The U.S. SHOP communities achieved 18% same-store cash NOI growth, with a significant 60 basis points sequential improvement in average occupancy in June. Ventas also increased its senior housing investment volume guidance for 2025 to $2 billion, reflecting a robust pipeline of opportunities with low to mid-teens expected unlevered IRRs. The company emphasized its 1-2-3 strategy aimed at driving organic growth, making value-creating investments, and maximizing portfolio performance, positioning Ventas in the upper echelon of REIT growers.

Strong Earnings Growth

Year-over-year, normalized FFO per share grew 9%, and total company same-store cash NOI increased 7%.

Increased Guidance

Raised full year normalized FFO guidance midpoint to $3.44 per share, representing 8% year-over-year FFO per share growth at the midpoint.

SHOP Segment Performance

SHOP communities in the U.S. delivered 18% same-store cash NOI growth, with revenue growth over 8% for the entire same-store SHOP portfolio.

Senior Housing Investments

Raised full year 2025 senior housing investment volume guidance to $2 billion, with a pipeline of investments expected to yield low to mid-teens unlevered IRR.

Outpatient Medical Growth

Outpatient medical increased same-store occupancy by 20 basis points sequentially and 30 basis points year-over-year to 90.1%.

Ventas (VTR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

VTR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.10 / -	0.05	―	―	―
Jul 30, 2025	2025 (Q2)	0.14 / 0.15	0.05	200.00% (+0.10)
Apr 30, 2025	2025 (Q1)	0.10 / 0.10	-0.04	350.00% (+0.14)
Feb 12, 2025	2024 (Q4)	0.06 / 0.13	-0.23	156.52% (+0.36)
Oct 30, 2024	2024 (Q3)	-0.02 / 0.05	-0.18	127.78% (+0.23)
Aug 01, 2024	2024 (Q2)	0.04 / 0.05	0.26	-80.77% (-0.21)
May 01, 2024	2024 (Q1)	-0.33 / -0.04	0.04	-200.00% (-0.08)
Feb 14, 2024	2023 (Q4)	-0.16 / -0.23	-0.11	-109.09% (-0.12)
Nov 02, 2023	2023 (Q3)	-0.02 / -0.18	0	―
Aug 03, 2023	2023 (Q2)	0.02 / 0.26	-0.11	336.36% (+0.37)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

VTR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$66.48	$67.18	+1.05%
Apr 30, 2025	$69.54	$65.04	-6.47%
Feb 12, 2025	$59.07	$63.99	+8.33%
Oct 30, 2024	$65.01	$64.04	-1.49%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ventas (VTR) report earnings?

Ventas (VTR) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Ventas (VTR) earnings time?

Ventas (VTR) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is VTR EPS forecast?

VTR EPS forecast for the fiscal quarter 2025 (Q3) is 0.1.

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