By Kelly Cloonan

Welltower cut its full-year earnings outlook as it looks to acquire several senior housing communities for $14 billion.

The real estate investment trust said Monday it now expects earnings per share of 82 cents to 88 cents, down from its prior forecast of $1.86 to $1.94 for 2025.

The company now models funds from operations of $3.43 to $3.49 a share for the year, down from $4.97 to $5.05 a share previously.

The updated guidance includes acquisitions that have been announced or already closed, the company said.

The company separately said Monday it plans to acquire a series of senior housing communities in the U.S. and UK. It expects to fully fund the acquisitions through proceeds received from $9 billion of asset sales and loan repayments as well as cash on hand.

The company expects the transactions will be accretive to its normalized funds from operations per share in 2026, and expects significant future earnings growth potential in subsequent years, it said.

Welltower's intensified focus on senior housing will allow it to improve both the resident and site-level employee experience as well as boost per-share growth for existing investors, Chief Executive Shankh Mitra said.

For the third quarter, the company posted a profit of $280.6 million, or 41 cents a share, compared with $449.8 million, or 73 cents a share, a year earlier.

Funds from operations per share were $1.20, below estimates of $1.30 a share according to analysts polled by FactSet.

Revenue rose to $2.69 billion compared with $2.06 billion a year ago. Analysts expected $2.61 billion.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

October 27, 2025 16:59 ET (20:59 GMT)

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