Ventas, Inc. Quarterly Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Ventas, Inc. (NYSE:VTR) will unveil its latest earnings on Thursday, August 4, 2011. Ventas, Inc. is a real estate investment trust, with a portfolio of seniors housing and healthcare properties.

Ventas, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 77 cents per share, a rise of 8.5% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged and it has not changed during the last month. For the year, analysts are projecting net income of $3.16 per share, a rise of 9.7% from last year.

Past Earnings Performance: The company is looking to top estimates for the third straight quarter. Last quarter, it reported profit of 75 cents per share against a mean estimate of net income of 74 cents, and the quarter before, the company exceeded forecasts by 2 cents with profit of 77 cents versus a mean estimate of net income of 75 cents.

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Wall St. Revenue Expectations: On average, analysts predict $316.1 million in revenue this quarter, a rise of 29.5% from the year ago quarter. Analysts are forecasting total revenue of $1.55 billion for the year, a rise of 52% from last year’s revenue of $1.02 billion.

Analyst Ratings: Analysts seem relatively indifferent about Ventas with nine of 16 analysts surveyed maintaining a hold rating.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 12.1% to $270.4 million in first quarter. The figure rose 12.1% in the fourth quarter of the last fiscal year from the year earlier, climbed 12.2% in the third quarter of the last fiscal year from the year-ago quarter and 6.8% in the second quarter of the last fiscal year.

The decrease in profit in the first quarter breaks a streak of two consecutive quarters of year-over-year profit increases. Net income fell 6.9% in the first quarter while the figure rose 43.5% in the fourth quarter of the last fiscal year and 16.2% in the third quarter of the last fiscal year.

Competitors to Watch: Nationwide Health Properties Inc. (NYSE:NHP), Universal Health Realty Income Trust (NYSE:UHT), Senior Housing Properties Trust (NYSE:SNH), National Health Investors Inc (NYSE:NHI), Health Care REIT, Inc. (NYSE:HCN), Medical Properties Trust, Inc. (NYSE:MPW), Omega Healthcare Investors, Inc. (NYSE:OHI), HCP, Inc. (NYSE:HCP), LTC Properties, Inc. (NYSE:LTC), and Healthcare Realty Trust Inc. (NYSE:HR).

Stock Price Performance: During June 30, 2011 to July 29, 2011, the stock price had risen $1.42 (2.7%) from $52.71 to $54.13. The stock price saw one of its best stretches over the last year between December 15, 2010 and December 28, 2010 when shares rose for nine-straight days, rising 8.2% (+$3.89) over that span. It saw one of its worst periods between January 3, 2011 and January 11, 2011 when shares fell for seven-straight days, falling 3.7% (-$1.96) over that span. Shares are up $2.77 (+5.4%) year to date.

(Source: Xignite Financials)

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