NHC Q4 2024 Earnings Report
Key Takeaways
National HealthCare Corporation reported a decrease in GAAP net income but an increase in adjusted net income for the quarter ended December 31, 2024. The GAAP net income attributable to NHC was $6.081 million, while the adjusted net income was $25.954 million. Diluted earnings per share were $0.39 GAAP and $1.66 non-GAAP.
Net operating revenues and grant income for the year ended December 31, 2024 totaled $1,307,382,000, an increase of 14.5% compared to 2023.
GAAP net income attributable to NHC for the year ended December 31, 2024 was $101,927,000, compared to $66,798,000 for 2023.
Adjusted net income for the year ended December 31, 2024 was $76,862,000, compared to $54,934,000 for 2023, an increase of 39.9%.
For the quarter ended December 31, 2024, GAAP net income attributable to NHC was $6,081,000, compared to $28,406,000 for the same period in 2023.
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Forward Guidance
No specific forward guidance was provided in the press release.