Loading...
•
Jun 30, 2022
NHC Q2 2022 Earnings Report
NHC reported an increase in net operating revenues and a decrease in net income for the second quarter of 2022.
Key Takeaways
National HealthCare Corporation reported a 3.1% increase in net operating revenues and government stimulus income, totaling $271,359,000 for the quarter ended June 30, 2022. However, GAAP net income attributable to NHC decreased to $3,203,000 compared to $104,883,000 for the same period in 2021. The decrease in non-GAAP earnings was primarily due to reduced government stimulus income and inflationary wage pressures.
Net operating revenues and government stimulus income increased by 3.1% to $271,359,000.
GAAP net income attributable to NHC was $3,203,000, a decrease from $104,883,000 in the same period last year.
GAAP diluted earnings per share decreased to $0.21 from $6.80 in the prior year.
The decrease in non-GAAP earnings was primarily due to reduced government stimulus income and inflationary wage pressures.
Forward Guidance
Forward-looking statements involve risks and uncertainties and are not guarantees of future performance.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...