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NHC Reports Third Quarter Earnings

Posted 11/05/2015

MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE MKT: NHC), the nation's oldest publicly traded senior health care company, today announced net income available to common shareholders for the quarter ended September 30, 2015 of $10,415,000 compared to $10,662,000 for the quarter ended September 30, 2014. Excluding the operating losses from the two newly constructed skilled nursing facilities and one assisted living facility placed in service less than twelve months ago, net income available to common shareholders for the quarter ended September 30, 2015 would have been $11,384,000, which is an increase of 6.8% over the same three month period in 2014.

Net operating revenues for the three months ended September 30, 2015 totaled $225,386,000 compared to $218,223,000 for the same three months of 2014, an increase of 3.3%. Net income was $0.75 per common share basic for the quarter ended September 30, 2015 compared to $0.77 per common share basic for the quarter ended September 30, 2014. View as PDF



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