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Stay Ahead of the Game With Welltower (WELL) Q2 Earnings: Wall Street's Insights on Key Metrics
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Wall Street analysts forecast that Welltower (WELL - Free Report) will report quarterly earnings of $1 per share in its upcoming release, pointing to a year-over-year increase of 11.1%. It is anticipated that revenues will amount to $1.87 billion, exhibiting an increase of 12.5% compared to the year-ago quarter.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Welltower metrics that are commonly monitored and projected by Wall Street analysts.
The consensus among analysts is that 'Revenues- Interest income' will reach $65.30 million. The estimate indicates a change of +68.7% from the prior-year quarter.
The average prediction of analysts places 'Revenues- Resident fees and services' at $1.40 billion. The estimate indicates a year-over-year change of +21.2%.
According to the collective judgment of analysts, 'Revenues- Rental income' should come in at $412.03 million. The estimate indicates a year-over-year change of +7.5%.
The consensus estimate for 'Revenues- Other income' stands at $17.50 million. The estimate points to a change of -79.1% from the year-ago quarter.
Analysts predict that the 'Depreciation and amortization' will reach $382.12 million. The estimate compares to the year-ago value of $341.95 million.
Shares of Welltower have experienced a change of +7.6% in the past month compared to the -0.3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), WELL is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Stay Ahead of the Game With Welltower (WELL) Q2 Earnings: Wall Street's Insights on Key Metrics
Wall Street analysts forecast that Welltower (WELL - Free Report) will report quarterly earnings of $1 per share in its upcoming release, pointing to a year-over-year increase of 11.1%. It is anticipated that revenues will amount to $1.87 billion, exhibiting an increase of 12.5% compared to the year-ago quarter.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Welltower metrics that are commonly monitored and projected by Wall Street analysts.
The consensus among analysts is that 'Revenues- Interest income' will reach $65.30 million. The estimate indicates a change of +68.7% from the prior-year quarter.
The average prediction of analysts places 'Revenues- Resident fees and services' at $1.40 billion. The estimate indicates a year-over-year change of +21.2%.
According to the collective judgment of analysts, 'Revenues- Rental income' should come in at $412.03 million. The estimate indicates a year-over-year change of +7.5%.
The consensus estimate for 'Revenues- Other income' stands at $17.50 million. The estimate points to a change of -79.1% from the year-ago quarter.
Analysts predict that the 'Depreciation and amortization' will reach $382.12 million. The estimate compares to the year-ago value of $341.95 million.
View all Key Company Metrics for Welltower here>>>
Shares of Welltower have experienced a change of +7.6% in the past month compared to the -0.3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), WELL is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>