StockWatch
·
Real Estate Investment Trusts
Quarterly ResultAug 4, 2026, 04:27 PM

Janus Living Q2 EPS $0.05, Revenue $216M; Raises FY26 Guidance

AI Summary

Janus Living, Inc. reported strong second-quarter 2026 financial results, with net income of $0.05 per share and consolidated revenues increasing 45% to $216 million. The company also saw a 40% rise in FFO as Adjusted to $0.24 per share and a 19.2% increase in same-store adjusted NOI. Following a successful $690 million stock offering, Janus Living completed $105 million in acquisitions during the quarter and an additional $1.0 billion in senior housing acquisitions subsequent to quarter end. Reflecting this performance and strategic growth, the company raised its full-year 2026 guidance for diluted EPS and FFO as Adjusted.

Key Highlights

  • Net income of $0.05 per share for Q2 2026, up from $(0.02) in Q2 2025.
  • Consolidated revenues increased 45% to $216 million in Q2 2026.
  • FFO as Adjusted rose 40% to $0.24 per share for Q2 2026.
  • Same-store adjusted NOI increased 19.2% with 260 bps occupancy growth.
  • Completed $105 million in senior housing acquisitions during Q2 2026.
  • Generated $690 million net proceeds from a Class A-1 common stock offering.
  • Acquired $1.0 billion in senior housing properties subsequent to quarter end.
  • Increased full-year 2026 diluted EPS guidance to $0.34-$0.37.