Senior Housing Properties Trust Earnings: Here’s Why Investors are Ambivalent Now
Senior Housing Properties Trust (NYSE:SNH) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.
Senior Housing Properties Trust Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 4.44% to $0.43 in the quarter versus EPS of $0.45 in the year-earlier quarter.
Revenue: Rose 30.53% to $189.42 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Senior Housing Properties Trust reported adjusted EPS income of $0.43 per share. By that measure, the company missed the mean analyst estimate of $0.44. It missed the average revenue estimate of $190.77 million.
Key Stats (on next page)…