NHC Reports Third Quarter Earnings

Posted by Gerald Coggin on November 3, 2011

For release: November 3, 2011
Contact: Gerald Coggin, Sr. VP of Corporate Relations
Phone: (615) 890-2020

MURFREESBORO, Tenn. – National HealthCare Corporation (NYSE Amex: NHC; NYSE Amex: NHC.PRA), a publicly traded long-term health care company, today announced net income available to common shareholders for the quarter ended September 30, 2011 of $15,044,000 compared to $12,914,000 for the quarter September 30, 2010, an increase of 16.5%. Net income was $1.09 per common share basic for the quarter ended September 30, 2011 compared to $.95 per common share basic for the quarter ended September 30, 2010.

Revenues for the three months ended September 30, 2011 totaled $197,064,000 compared to $178,551,000 for the same three months of 2010, an increase of 10.4%.

2011 Q3 Earnings