Senior Housing Properties Trust Earnings: Here’s Why Shares are Down Now
Senior Housing Properties Trust (NYSE:SNH) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.24%
Senior Housing Properties Trust Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased to $0.43 in the quarter versus EPS of $0.42 in the year-earlier quarter.
Revenue: Rose 40.76% to $194.16 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Senior Housing Properties Trust reported adjusted EPS income of $0.43 per share. By that measure, the company missed the mean analyst estimate of $0.45. It beat the average revenue estimate of $178.63 million.
Quoting Management: There was no comment from management in the report.
Key Stats (on next page)…
Revenue increased 27.58% from $152.19 million in the previous quarter. EPS was the same at $0.43 as the previous quarter.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)