Ventas reports Q3 2026 results, raises full‑year FFO guidance despite EPS miss

Ventas Inc. posted third‑quarter 2026 normalized funds from operations of $0.99 per share, a 10% year‑over‑year increase, while earnings per share came in at $0.13, missing consensus by $0.03. Revenue topped forecasts, beating estimates by about $60 million. The REIT raised its full‑year 2026 normalized FFO outlook to $3.87‑$3.90 per share, citing $5.2 billion of senior‑housing acquisitions closed year‑to‑date.

The higher full‑year FFO guidance suggests stronger future cash distributions for investors, as noted by the company. The EPS miss and modest share‑price decline reflect short‑term market disappointment despite the operational strength.

  • 1Normalized FFO was $0.99 per share, up 10% year‑over‑year.
  • 2Attributable net income per share was $0.13, missing estimates by $0.03.
  • 3Revenue exceeded forecasts by $60 million.
  • 4Vent​as closed $5.2 billion of senior‑housing investments year‑to‑date.
  • 5Full‑year 2026 normalized FFO guidance was raised to $3.87‑$3.90 per share.
  • 6Net debt to further adjusted EBITDA improved to 4.4x at quarter end.

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