Earnings release
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A VENTAS Ventas , Inc. Ⓡ 353 North Clark Street , Suite 3300 Contact : Sarah Whitford ( 877 ) 4 - VENTAS Chicago , Illinois 60654 Ventas Reports 2021 Second Quarter Results CHICAGO ( August 6 , 2021 ) - Ventas , Inc. ( NYSE : VTR ) ( " Ventas " or the " Company " ) today reported results for the second quarter ended June 30 , 2021 . " Ventas delivered strong second quarter results driven by outstanding sequential occupancy improvement and organic net operating income growth in our Senior Housing Operating Portfolio ( " SHOP " ) segment , Office growth and consistent and solid performance in our Triple Net ( " NNN " ) segment , " said Debra A. Cafaro , Ventas Chairman and CEO . " Ventas's organic growth potential and external investment opportunities combine to create attractive upside for our stakeholders . We have now delivered five consecutive months of growth in occupancy and leads in SHOP , with June move - ins and July leads representing the highest levels since the onset of the pandemic . These positive trends underscore the strong demand for the socialization and services our communities provide . Senior housing is entering a period of highly favorable conditions as occupancy rebounds and supply demand fundamentals improve . In the face of renewed macro clinical uncertainty , we remain optimistic with all our SHOP communities benefitting from extremely high COVID - 19 vaccination rates among our residents and staff . " We are confident about the future of our business , the powerful senior housing cyclical upside and our ability to win the recovery with our advantaged , well diversified portfolio , best - in - class operators and experienced team , " Cafaro concluded . Second Quarter 2021 Results For the second quarter 2021 , reported per share results were : Net Income ( Loss ) Attributable to Common Stockholders Nareit FFO Attributable to Common Stockholders ( " Nareit FFO " ) * ( 877 ) 4 - VENTAS www.ventasreit.com Normalized FFO Attributable to Common Stockholders ( " Normalized FFO " ) * 2021 $ 0.23 $ 0.78 $ 0.73 Quarter Ended June 30 2020 ( $ 0.42 ) $ 0.50 $ 0.77 $ Change $ 0.65 $ 0.28 ( $ 0.04 ) % Change 155 % 56 % ( 5 % ) This is a non - GAAP financial measure . Refer to the Non - GAAP Financial Measures Reconciliation tables at the end of this press release for additional information and a reconciliation to the most directly comparable GAAP measure .