Skilled Healthcare Group (SKH) Tops Q2 EPS by 1c

Skilled Healthcare Group (NYSE: SKH) reported Q2 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $207 million versus the consensus estimate of $209.15 million.

"I am pleased with our second quarter results and the progress we have made in executing on our strategic plan. During the second quarter, we opened a state-of-the-art skilled nursing facility adjacent to the University of Kansas Medical Center and made some meaningful headway in stabilizing our core long-term care services segment," said Robert Fish, Chief Executive Officer of Skilled Healthcare Group. "During the quarter we also amended our credit agreement, giving us additional cushion with our covenants including new flexibility for non-cash reserves."

For earnings history and earnings-related data on Skilled Healthcare Group (SKH) click here.

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