TOLEDO, Ohio, June 8, 2021 /PRNewswire/ -- Welltower® Inc.
(NYSE: WELL) today announced that it has revised its second quarter
2021 outlook. The Company now expects to achieve net income
attributable to common stockholders in a range of $0.34 - $0.38 per
diluted share as compared to previous guidance of $0.31 - $0.36 per
diluted share. Additionally, the Company now expects to achieve
normalized funds from operations in a range of $0.75 - $0.79 per
diluted share as compared to previous guidance of $0.72 - $0.77 per
diluted share, representing a $0.025
per share increase at the midpoint. Additional details
regarding the Company's updated guidance and other recent
developments are contained in the following Business Update
presentation:
https://welltower.com/june-business-update
About Welltower
Welltower® Inc. (NYSE: WELL), an S&P 500
company headquartered in Toledo, Ohio, is driving the
transformation of health care infrastructure. The Company invests
with leading seniors housing operators, post-acute providers and
health systems to fund the real estate infrastructure needed to
scale innovative care delivery models and improve people's wellness
and overall health care experience. Welltower, a real estate
investment trust ("REIT"), owns interests in properties
concentrated in major, high-growth markets in the United
States, Canada and the United Kingdom, consisting of
seniors housing, post-acute communities and outpatient medical
properties. More information is available
at www.welltower.com.
Forward-Looking Statements
This press release contains "forward-looking" statements as
defined in the Private Securities Litigation Reform Act of 1995.
When Welltower uses words such as "may," "will," "intend,"
"should," "believe," "expect," "anticipate," "project," "estimate"
or similar expressions that do not relate solely to historical
matters, it is making forward-looking statements. Forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties that may cause Welltower's actual results
to differ materially from Welltower's expectations discussed in the
forward-looking statements. This may be a result of various
factors, including, but not limited to, those factors discussed in
Welltower's reports filed from time to time with the SEC. Welltower
undertakes no obligation to update or revise publicly any
forward-looking statements, whether because of new information,
future events or otherwise, or to update the reasons why actual
results could differ from those projected in any forward-looking
statements.
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SOURCE Welltower Inc.