Investors are Digesting These Financial Stock Earnings Insights
Assisted Living Concepts Inc. (NYSE:ALC) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share decreased to $-0.03 in the quarter versus EPS of $0.27 in the year-earlier quarter. Revenue Decreased 3.19% to $56.98 million from the year-earlier quarter.
Assisted Living Concepts Inc. reported adjusted EPS loss of $0.03 per share. By that measure, the company missed the mean analyst estimate of $-0.02. It beat the average revenue estimate of $54.17 million.