Ventas Q2 net income falls to $0.05 per share; normalized FFO rises 7%
Ventas reported second-quarter 2024 results on August 1, 2024. Attributable net income fell to $0.05 per share from $0.26 a year earlier, while normalized FFO rose 7% to $0.80 per share and total revenues rose to $1.2 billion from $1.1 billion. The company raised its full-year 2024 normalized FFO per share guidance midpoint to $3.15 from $3.14 and its attributable net income per share midpoint to $0.10 from $0.07.
Key points
- Q2 2024 attributable net income of $0.05 per share, down 81% from $0.26 in Q2 2023
- Q2 2024 normalized FFO of $0.80 per share, up 7% from $0.75; Nareit FFO fell 25% to $0.77
- Full-year 2024 normalized FFO per share guidance midpoint raised to $3.15 from $3.14
- Year-to-date investments of about $350 million in senior housing, funded by about $500 million of equity issuance
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.