NEW YORK (TheStreet) -- Shares of Welltower (HCN) are increasing by 0.88% to $70.03 on Monday afternoon ahead of its 2016 first quarter results, due out before Tuesday's market open.

Wall Street is expecting the Toledo, OH-based healthcare real estate investment trust to post funds from operations of $1.12 per share on revenue of $1.02 billion.

Funds from operations is a key metric in the REIT industry, which takes net income and adds back items such as depreciation and amortization, the Associated Press noted.

During the same quarter last year, Welltower reported normalized funds from operations of $1.04 per diluted share on revenue of $894.2 million.

The REIT's portfolio includes a range of seniors housing and healthcare real estate, such as nursing facilities, medical office buildings and inpatient and outpatient medical centers.

Separately, TheStreet Ratings Team has a "Buy" rating with a score of B on the stock.

The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: HCN