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Article: Ventas Reports Third Quarter Normalized FFO of $0.66 Per Diluted Share.(Financial report)
- Article from:
- Biotech Week
- Article date:
- November 11, 2009
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Ventas, Inc. (NYSE: VTR) ("Ventas" or the "Company") said that third quarter 2009 normalized Funds From Operations ("FFO") increased 7.4 percent to $103.4 million, from $96.2 million for the comparable 2008 period. Normalized FFO per diluted common share was $0.66 in the third quarter of 2009, compared to $0.68 in the comparable 2008 period. Weighted average diluted shares outstanding in the third quarter of 2009 were 156.5 million, compared to 141.1 million in the comparable 2008 period (see also Ventas, Inc.).
"Ventas's earnings and cash flow this quarter were excellent and benefited from our high-quality, diversified healthcare and seniors housing assets, ...