BUZZ-Welltower rises after lifting 2024 funds from operations forecast

Reuters

2024-10-29

** Shares of Welltower rise 1.5% to $132.50 premarket

** The healthcare REIT on Monday said it expects 2024 normalized funds from operations (FFO) in the range of $4.27 to $4.33/shr vs prior view of $4.13 to $4.21/shr

** Co's Q3 normalized FFO rose 20.7% to $1.11/shr

** WELL's Q3 EPS jumped to 73 cents from 24 cents a year ago

** Up to last close, stock up 44.8% YTD

(Reporting by Puyaan Singh)

((Puyaan.Singh@thomsonreuters.com;))

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