Welltower Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 384.06 million compared to USD 356.39 million a year ago. Revenue was USD 1,560.73 million compared to USD 1,395.7 million a year ago.

Net income was USD 25.67 million compared to USD 61.93 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to USD 0.14 a year ago.