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Sep 30, 2023
NHC Q3 2023 Earnings Report
NHC reported increased revenues and net income for Q3 2023.
Key Takeaways
National HealthCare Corporation reported a 6.5% increase in net operating revenues and grant income, reaching $288,485,000 for the quarter ended September 30, 2023. GAAP net income attributable to NHC was $10,388,000, compared to a net loss of $2,429,000 for the same period in 2022. Adjusted net income was $13,250,000, compared to $7,783,000 in the previous year.
Net operating revenues and grant income increased by 6.5% to $288,485,000 compared to Q3 2022.
GAAP net income attributable to NHC was $10,388,000, a significant improvement from the net loss of $2,429,000 in Q3 2022.
Adjusted net income increased to $13,250,000, compared to $7,783,000 in the same period last year.
GAAP diluted earnings per share was $0.68, compared to a loss per share of $(0.16) in Q3 2022.
Forward Guidance
The press release does not contain specific forward guidance. It states that forward-looking statements involve risks and uncertainties.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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