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NHC Reports First Quarter Earnings

Posted 05/08/2014

For release: May 8, 2014
Contact: Gerald Coggin, Sr. VP of Corporate Relations
Phone: (615) 890-2020

MURFREESBORO, Tenn. — National HealthCare Corporation (NYSE MKT: NHC, NHC.PRA), the nation’s oldest publicly traded long-term health care company, today announced net income available to common shareholders for the quarter ended March 31, 2014 of $11,061,000 compared to $11,637,000 for the quarter ended March 31, 2013, a decrease of 4.9%. For the quarter ended March 31, 2014, non-operating income decreased $2,040,000 compared to the quarter a year ago. Excluding the non-operating income decrease, net income available to common shareholders for the quarter ended March 31, 2014 would have been $12,305,000, which is an increase of 5.7% over the same three month period in 2013.

Net revenues for the three months ended March 31, 2014 totaled $210,531,000 compared to $194,378,000 for the same three months of 2013, an increase of 8.3%. Net income was $0.80 per common share basic for the quarter ended March 31, 2014 compared to $0.84 per common share basic for the quarter ended March 31, 2013.

Click to print release.



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