National Healthcare Q3 adjusted EPS rises on real estate acquisitions

By Reuters News


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


Reuters Recommended Reads

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  • Nov 3 - Senior care provider InnovAge's Q1 revenue beats as participants increase

  • Nov 5 - Sonida Senior Living Q3 adjusted EBITDA rises on occupancy gains


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

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