WASHINGTON (dpa-AFX) - Welltower Inc. (WELL) revealed a profit for its fourth quarter that rose from last year.
The company's profit totaled $224.32 million, or $0.55 per share. This compares with $101.76 million, or $0.27 per share, in last year's fourth quarter.
Excluding items, Welltower Inc. reported adjusted earnings of $426.35 million or $1.05 per share for the period.
The company's revenue for the quarter rose 1.6% to $1.26 billion from $1.24 billion last year.
Welltower Inc. earnings at a glance:
-Earnings (Q4): $426.35 Mln. vs. $382.78 Mln. last year. -EPS (Q4): $1.05 vs. $1.01 last year. -Revenue (Q4): $1.26 Bln vs. $1.24 Bln last year.
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