National Healthcare Q3 adjusted EPS rises on real estate acquisitions
Overview
Senior care operator's Q3 net operating revenue rose 6.6% yr/yr
Adjusted EPS for Q3 increased 11% yr/yr to $1.76
Q3 adjusted net income growth driven by recent skilled nursing and real estate acquisitions
Outlook
Company did not provide specific guidance for future quarters or full-year results in the press release
Result Drivers
FACILITY ACQUISITIONS - Co said Q3 adjusted net income growth was primarily driven by the June and July 2026 acquisitions of five skilled nursing facilities and the real estate of thirty-five facilities from National Health Investors
HIGHER SKILLED NURSING REVENUE - Co reported increases in skilled nursing per diem rates and patient days across Medicare, Managed Care, Medicaid, and Private Pay segments
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Patient Revenues | $397.45 mln | ||
Q3 Adjusted EPS | $1.76 | ||
Q3 EPS | $0.85 | ||
Q3 Net Income | $14.18 mln | ||
Q3 Income from operations | $40.63 mln |
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)