Ventas Inc. (VTR) has a long and distinguished record for financial excellence. This is something that VTR is not too shy about bringing up.
Source: Ventas Presentation
While there can be little doubt about the long-term results, recent numbers have been rather lackluster. For starters, VTR has guided for 2019 normalized funds from operations ((FFO)) at $3.75-$3.85/share.
Source: Ventas Presentation
While that may be a decline of as much as 10% year on year, what is even less impressive is that this number is significantly below VTR's 2016 normalized FFO.
Source: Ventas 2017