Capital Senior Living Corporation (CSU) Releases Earnings Results, Misses Expectations By $-0.21 EPS

Capital Senior Living Corporation (CSU) reported quarterly earnings results on Tuesday, Aug-2-2016. The company reported $-0.15 earnings per share for the quarter, missing the analyst consensus estimate by $-0.21. Analysts had a consensus of $0.06. The company posted revenue of $111.00 million in the period, compared to analysts expectations of $112.87 million. The company’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 EPS.

Capital Senior Living Corporation opened for trading at $19.31 and hit $19.64 on the upside on Friday, eventually ending the session at $19.48, with a gain of 0.52% or 0.1 points. The heightened volatility saw the trading volume jump to 1,76,252 shares. Company has a market cap of $583 M.

In a different news, on Jun 9, 2016, Greg Boemer (Vice President – Operations) sold 3,147 shares at $18.76 per share price. According to the SEC, on Jun 9, 2016, Lawrence A Cohen (CEO & Vice Chairman of Board) sold 80,000 shares at $19.11 per share price. On May 27, 2016, Robert F Hollister (Property Controller) sold 1,005 shares at $18.04 per share price, according to the Form-4 filing with the securities and exchange commission.

Capital Senior Living Corporation is the operator of senior living communities in the United States in terms of resident capacity. The Company provides senior living services to the elderly including independent living and assisted living services and also provides home care services at one of its communities. It provides independent living services to seniors who typically do not yet need assistance or support with ADLs but who prefer the physical and psychological comfort of a residential community that offers health care and other services. It offers a range of assisted living care and services including personal care services 24-hour staffing support services and supplemental services. The Company operated approximately 117 senior living communities in over 26 states with an aggregate capacity of approximately 15200 residents including 67 senior living communities which it owned and 50 senior living communities the Company leased. It also operated one home care agency.

Capital Senior Living Corporation

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