New Senior Investment Group (SNR) Tops Q4 EPS by 2c

New Senior Investment Group (NYSE: SNR) reported Q4 EPS of ($0.08), $0.02 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $86.21 million versus the consensus estimate of $115.59 million.

“We made significant progress executing our strategic priorities in 2019, effectively transforming the Company from a year ago” said Susan Givens, Chief Executive Officer. “The successful sale of the AL/MC portfolio and related financing activities allowed us to opportunistically exit an underperforming segment while significantly strengthening our balance sheet. For the full year, we delivered solid earnings results of $0.67 of AFFO per diluted share, which was at the high end of our guidance range. As we move forward, New Senior is well positioned and focused on growing the Company.”

For earnings history and earnings-related data on New Senior Investment Group (SNR) click here.

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