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Dec 31, 2019
NHC Q4 2019 Earnings Report
NHC's financial performance for Q4 2019 showed increased net operating revenues but decreased net income compared to the same period in 2018.
Key Takeaways
National HealthCare Corporation reported a 2.0% increase in net operating revenues for the quarter ended December 31, 2019, totaling $253.88 million. However, GAAP net income attributable to NHC decreased to $13.77 million compared to $18.152 million in Q4 2018.
Net operating revenues increased by 2.0% to $253.88 million compared to Q4 2018.
GAAP net income attributable to NHC decreased to $13.77 million compared to $18.152 million in Q4 2018.
Adjusted net income for Q4 2019 was $16.822 million, compared to $17.749 million for Q4 2018.
Full year net operating revenues increased by 1.6% to $996.383 million compared to 2018.
NHC
NHC
Forward Guidance
No forward guidance provided in the release.