Genesis Healthcare: 1Q Earnings Snapshot
Posted May 27, 2020 6:14 am.
Last Updated May 27, 2020 6:24 am.
This article is more than 5 years old.
KENNETT SQUARE, Pa. (AP) _ Genesis Healthcare Inc. (GEN) on Wednesday reported first-quarter net income of $33.5 million, after reporting a loss in the same period a year earlier.
The Kennett Square, Pennsylvania-based company said it had net income of 24 cents per share. Earnings, adjusted for asset impairment costs, were 29 cents per share.
The operator of nursing homes and senior living communities posted revenue of $1.09 billion in the period.
The company’s shares closed at $1.16. A year ago, they were trading at $1.29.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEN at https://www.zacks.com/ap/GEN
The Associated Press
