Quarterly Financial Results, New Agreement, and Technical Update - Research Reports on Ventas, Realty Income, American Realty, American Tower and Host Hotels
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NEW YORK, November 3, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Ventas, Inc. (NYSE: VTR), Realty Income Corp. (NYSE: O), American Realty Cap Healthcare Trust Inc. (NASDAQ: HCT), American Tower Corp. (NYSE: AMT) and Host Hotels and Resorts Inc. (NYSE: HST). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7638-100free.
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Ventas, Inc. Research Reports
On October 24, 2014, Ventas, Inc. (Ventas) reported 8.4% YoY growth in its Q3 2014 normalized funds from operations (FFO) to $332.8 million or $1.12 per diluted share. Q3 2014 total revenues were $779.0 million, up 9.5% YoY. The Company's Q3 2014 net income attributable to common stockholders came in at $109.1 million or $0.37 per diluted share, compared to net income of $118.3 million or $0.40 per diluted share in Q3 2013. On average, 13 analysts polled by Thomson Reuters expected Ventas to report EPS (excluding special items) of $1.11 for the quarter on revenue of $748.99 million. The Company reported 9M 2014 total revenues of $2.3 billion, up 9.3% YoY, while net income attributable to common stockholders stood at $368.6 million, up 6.8% YoY. For full-year 2014, the Company expects FFO per diluted share in the range of $4.44 - $4.47. The full research reports on Ventas are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/VTR/report.pdf
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Realty Income Corp. Research Reports
On October 29, 2014, The Monthly Dividend Company - Realty Income Corp. (Realty Income) reported Q3 2014 net income available to common stockholders of $57.9 million, compared to net income of $41.1 million in Q3 2013. During the quarter, the Company's total revenue improved 16.6% YoY to $235.7 million, while fund flow from operations (FFO) available to common stockholders improved 22.5% YoY to $142.3 million or $0.64 per diluted share. Analysts polled by Thomson Reuters expected the Company to report EPS (excluding special items) of $0.65 per share and revenues of $232.09 million for the quarter. 9M 2014 total revenue improved 21.6% YoY to $685.9 million and net income available to common stockholders came in at $156.5 million, up 4.5% YoY. For full-year 2014, the Company expects FFO per share in the range of $2.57 - $2.60, based on net income per share range of $0.90 to $0.93, while for full-year 2015, the Company expects FFO per share in the range of $2.67 to $2.72 based on net income per share range of $0.94 to $0.99. The full research reports on Realty Income are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/O/report.pdf
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American Realty Cap Healthcare Trust Inc. Research Reports
On October 29, 2014, shares in American Realty Cap Healthcare Trust Inc. (American Realty Trust) declined 2.04% to end Wednesday's trading session at $11.04. During the session, American Realty Trust's stock fluctuated between intra-day low of $10.86 and intra-day high of $11.27. A total of 25.69 million shares changed hands, higher than its 30-day average volume of 2.35 million shares. The stock has surged 5.34% over the last one month, as compared to Nasdaq Composite that gained 1.24% over the same period. The full research reports on American Realty are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/HCT/report.pdf
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American Tower Corp. Research Reports
On September 19, 2014, American Tower Corp. filed form 8-K with the Securities and Exchange Commission (SEC) stating that it has entered into an Amended and Restated Loan Agreement with Toronto Dominion (Texas) LLC in relation to its $1.0 billion senior unsecured revolving credit facility entered into on January 31, 2012, as amended. According to the Amended and Restated Loan Agreement, the Company's 2012 Credit Facility's maturity has been extended to January 31, 2020, including up to two renewal periods at the Company's option, and increasing the commitments thereunder from $1.0 billion to $1.5 billion. In addition, the interest rates on Company's LIBOR based borrowings will change to 2.000% above LIBOR from 1.125%, while interest rates on base rate borrowings will range from 0.125% to 1.000% above the Base rate, under the new amendments. The full research reports on American Tower are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/AMT/report.pdf
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Host Hotels and Resorts Inc. Research Reports
On October 30, 2014, Host Hotels and Resorts Inc. (Host Hotels) released its Q3 2014 and 9M 2014 earnings. The Company reported Q3 2014 total revenues of $1.29 billion, up 6.9% YoY, registering growth across all three segments. The Company's operating profit for the quarter improved 155.7% YoY to $202 million. Q3 2014 net income attributable to Host Hotels came in at $144 million or $0.19 per diluted share, compared to net income of $19 million or $0.03 per diluted share in Q3 2013. On average, 23 analysts polled by Thomson Reuters expected the Company to report Q3 2014 EPS (excluding special items) of $0.31 on revenue of $1.28 billion. The Company's 9M 2014 total revenues improved 5.2% YoY to $4.0 billion, while net income attributable to Host Hotels came in at $478 million, up 146.4% YoY. The full research reports on Host Hotels are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/HST/report.pdf
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