NHC Q2 2024 Earnings Report
Key Takeaways
National HealthCare Corporation reported a 6.4% increase in net operating revenues and grant income for the quarter ended June 30, 2024, totaling $300,658,000. GAAP net income attributable to NHC was $26,844,000, compared to $16,281,000 for the same period in 2023. The GAAP diluted earnings per share were $1.73 for the quarter ended June 30, 2024.
Net operating revenues and grant income increased by 6.4% compared to the same quarter last year.
GAAP net income attributable to NHC increased to $26,844,000.
GAAP diluted earnings per share rose to $1.73.
Same-facility net operating revenues increased 8.0% excluding governmental stimulus and exited facilities.
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Forward Guidance
The press release contains forward-looking statements which involve risks and uncertainties detailed in NHC's filings with the SEC.