The upcoming report from Welltower (WELL) is expected to reveal quarterly earnings of $1.64 per share, indicating an increase of 22.4% compared to the year-ago period. Analysts forecast revenues of $3.63 billion, representing an increase of 35% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Welltower metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts' assessment points toward 'Total revenues- Interest income' reaching $74.72 million. The estimate suggests a change of +11.2% year over year.
It is projected by analysts that the 'Total revenues- Other income' will reach $31.49 million. The estimate points to a change of -45.4% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Depreciation and amortization' of $676.55 million.
View all Key Company Metrics for Welltower here>>>Shares of Welltower have demonstrated returns of +3.3% over the past month compared to the Zacks S&P 500 composite's +1% change. With a Zacks Rank #2 (Buy), WELL is expected to beat 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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Welltower Inc. (WELL): Free Stock Analysis Report
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