Ventas reports Q2 normalized FFO 80c, consensus 79c

Reports Q2 revenue $1.2B, consensus $1.19B. The company said, “We drove occupancy and revenue growth in our senior housing operating portfolio to fuel our performance. We also are expanding our SHOP footprint and our enterprise growth rate by investing in attractive senior housing opportunities. Our financial strength has improved meaningfully year to date as a result of delivering profitable organic growth in SHOP, adding external investments focused on senior housing, and driving performance throughout our portfolio. We are pleased to again update and improve our guidance for the full year as we continue to create value for our shareholders and other stakeholders.”