Net Income and FFO Attributable to Common Stockholders2
(In millions, except per share amounts; dollars in USD; totals may not sum due to rounding; unaudited)
FY 2024
FY 2024 - Per Share
Low
High
Low
High
Net income attributable to common stockholders
$11
$45
$0.03
$0.11
Depreciation and amortization adjustments
1,214
1,214
2.95
2.95
Nareit FFO attributable to common stockholders
$1,225
$1,258
$2.98
$3.06
Other adjustments3
51
51
0.12
0.12
Normalized FFO attributable to common stockholders
$1,276
$1,309
$3.10
$3.18
% Year-over-year growth
4%
6%
Weighted average diluted shares (in millions)
411
411
1 The Company's guidance constitutes forward-looking statements within the meaning of the federal securities laws and is based on a number of assumptions that are subject to change and many of which are outside the control of the Company. Actual results may differ materially from the Company's expectations depending on factors discussed herein and in the Company's filings with the Securities and Exchange Commission.
2 Totals may not add due to minor corporate-level adjustments.
3 Other adjustments include the categories of adjustments presented in our "Non-GAAP Financial Measures Reconciliation – Funds From Operations Attributable to Common Stockholders (FFO)".
Select Guidance Assumptions
Close ~$350M of investments focused on senior housing (no further investment activity assumed)
Dispose of assets for $300M in net proceeds
FAD capital expenditures of ~$250M
General and administrative expenses expected to approximate $155M at the guidance midpoint
Interest expense expected to range from $604M to $614M
NON-GAAP FINANCIAL MEASURES RECONCILIATION
Full Year 2024 Guidance as of February 14, 20241
Net Income and FFO Attributable to Common Stockholders2
(In millions, except per share amounts; dollars in USD; totals may not sum due to rounding; unaudited)
FY 2024
FY 2024 - Per Share
Low
High
Low
High
Net income attributable to common stockholders
$0
$47
$0.00
$0.11
Depreciation and amortization adjustments
1,209
1,209
2.94
2.94
Nareit FFO attributable to common stockholders
$1,209
$1,256
$2.94
$3.05
Other adjustments3
53
53
0.13
0.13
Normalized FFO attributable to common stockholders
$1,262
$1,309
$3.07
$3.18
% Year-over-year growth
3%
6%
Weighted average diluted shares (in millions)
411
411
Select Guidance Assumptions
选择指导假设
Close ~$350M of investments focused on senior housing (no further investment activity assumed)
Dispose of assets for $300M in net proceeds
FAD capital expenditures of ~$250M
General and administrative expenses expected to approximate $155M at the guidance midpoint
Interest expense expected to range from $604M to $614M
完成约3.5亿美元以老年人住房为重点的投资（预计不会有进一步的投资活动）
以3亿美元的净收益处置资产
FAD 资本支出约为 2.5 亿美元
预计一般和管理费用在指导中点约为1.55亿美元
利息支出预计在6.04亿美元至6.14亿美元之间
NON-GAAP FINANCIAL MEASURES RECONCILIATION
Full Year 2024 Guidance as of February 14, 20241
Net Income and FFO Attributable to Common Stockholders2
(In millions, except per share amounts; dollars in USD; totals may not sum due to rounding; unaudited)
FY 2024
FY 2024 - Per Share
Low
High
Low
High
Net income attributable to common stockholders
$0
$47
$0.00
$0.11
Depreciation and amortization adjustments
1,209
1,209
2.94
2.94
Nareit FFO attributable to common stockholders
$1,209
$1,256
$2.94
$3.05
Other adjustments3
53
53
0.13
0.13
Normalized FFO attributable to common stockholders
