NHC Q4 2022 Earnings Report
Key Takeaways
National HealthCare Corporation reported a decrease in net income for the quarter ended December 31, 2022, compared to the same period in 2021, primarily due to a reduction in government stimulus income. GAAP diluted earnings per share were $0.41, and adjusted diluted earnings per share were $0.72.
GAAP net income attributable to NHC was $6,353,000 for the quarter ended December 31, 2022, compared to $15,788,000 for the same period in 2021.
Adjusted net income for the quarter ended December 31, 2022, was $11,046,000, compared to $15,801,000 for the same period in 2021.
GAAP diluted earnings per share were $0.41 compared to $1.02 for the quarters ended December 31, 2022 and 2021, respectively.
Adjusted diluted earnings per share were $0.72 and $1.02 for the quarters ended December 31, 2022 and 2021, respectively.