NHC Q2 2020 Earnings Report
Key Takeaways
National HealthCare Corporation reported a 5.9% increase in net operating revenues and grant income for the quarter ended June 30, 2020, totaling $261,642,000. GAAP net income attributable to NHC was $28,324,000, compared to $13,711,000 for the second quarter of 2019. The reported GAAP diluted earnings per share was $1.84, and the adjusted diluted earnings per share was $0.92.
Net operating revenues and grant income increased by 5.9% to $261,642,000 compared to Q2 2019.
Excluding grant income, net operating revenues decreased by 4.1% compared to Q2 2019.
GAAP net income attributable to NHC was $28,324,000, compared to $13,711,000 for Q2 2019.
GAAP diluted earnings per share was $1.84, and adjusted diluted earnings per share was $0.92.
NHC
NHC
Forward Guidance
No forward guidance was provided in the press release.