Question · Q4 2024
John Kukowski of Wells Fargo sought to understand the driver behind the outsized occupancy gains, asking if it was due to demographic acceleration or a psychological effect of shrinking availability.
Answer
CEO Shankh Mitra proposed a third explanation: Welltower's superior execution. He highlighted that the company's operational alpha is the key differentiator when comparing its results to broader industry data and peer performance.
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WELL's earnings beat/miss a week before the call