Ventas, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 18, 2021 at 06:55 am EST
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Ventas, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced total revenue was USD 921.165 million compared to USD 996.004 million a year ago. Net income was USD 110.451 million compared to USD 11.443 million a year ago. Basic earnings per share was USD 0.29 compared to USD 0.03 a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to USD 0.03 a year ago. For the full year, total revenue was USD 3,795.357 million compared to USD 3,872.750 million a year ago. Net income was USD 439.149 million compared to USD 433.016 million a year ago. Basic earnings per share was USD 1.18 compared to USD 1.18 a year ago. Diluted earnings per share was USD 1.17 compared to USD 1.17 a year ago. Basic earnings per share from continuing operations was USD 1.18 compared to USD 1.2 a year ago. Diluted earnings per share from continuing operations was USD 1.17 compared to USD 1.19 a year ago.
Ventas, Inc. specializes in owning and managing healthcare and medical-residential facilities.
At the end of 2022, the group's portfolio included 1,237 assets consisting primarily of senior housing (802), medical office buildings (313), rehabilitation and long-term acute care facilities (36), laboratories and research facilities (32), skilled nursing facilities (16), medical and surgical facilities (13).
Net sales are distributed geographically as follows: the United States (88.5%), Canada (10.9%) and the United Kingdom (0.6%).
VENTAS, INC. 
