New Senior Investment Group Inc (SNR) Releases Earnings Results, Misses Expectations By $-0.01 EPS

New Senior Investment Group Inc (SNR) reported quarterly earnings results on Thursday, Aug-4-2016. The company reported $0.32 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.33. The company posted revenue of $118.54 million in the period, compared to analysts expectations of $119.26 million. The company’s revenue was up 30.0% compared to the same quarter last year.

New Senior Investment Group Inc closed down -0.06 points or -0.50% at $11.9 with 6,77,636 shares getting traded on Tusday. Post opening the session at $11.94, the shares hit an intraday low of $11.715 and an intraday high of $12.006 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Aug 31, 2015, Wesley R Edens (director) purchased 200,000 shares at $11.38 per share price. According to the SEC, on Jun 30, 2015, Susan Givens (CEO) purchased 14,545 shares at $13.75 per share price. On Jun 30, 2015, Justine Cheng (CFO) purchased 14,545 shares at $13.75 per share price, according to the Form-4 filing with the securities and exchange commission.

New Senior Investment Group Inc. is a real estate investment trust (REIT) with a portfolio of senior housing properties across the United States. The Company’s portfolio is categorized into two segments: Managed Properties which are operated by property managers pursuant to property management agreements and Triple Net Lease Properties which the Company lease to tenants. The Company’s managed portfolio includes 42 assisted living memory care and independent living properties. Its triple net lease portfolio includes 57 assisted living memory care independent living and continuing care retirement communities. The Company is an owner of senior housing properties and owns approximately 121 properties across 31 states. The Company has approximately 56 independent living (IL) properties 40 assisted living/memory care (AL/MC) properties and four continuing care retirement communities (CCRC) properties.

New Senior Investment Group Inc

Leave a Reply

New Senior Investment Group Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on New Senior Investment Group Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.