National HealthCare Corporation (NHC) reported a strong financial performance for the quarter ended December 31, 2023, with a notable increase in GAAP net income attributable to NHC, rising to $28,406,000 compared to $6,353,000 for the same period in 2022. Adjusted net income also saw a substantial increase, reaching $15,955,000 compared to $11,046,000 in the prior year. Diluted earnings per share increased to $1.83, compared to $0.41 for the same quarter last year.
GAAP net income attributable to NHC increased to $28,406,000 compared to $6,353,000 for the same period in 2022.
Adjusted net income for the quarter ended December 31, 2023, increased to $15,955,000 compared to $11,046,000 for the same period in 2022.
GAAP diluted earnings per share rose to $1.83 compared to $0.41 for the quarters ended December 31, 2023 and 2022, respectively.
Adjusted diluted earnings per share increased to $1.03 compared to $0.72 for the quarters ended December 31, 2023 and 2022, respectively.
As the document consists of an earnings report, forward guidance is not available.
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