Five Star Quality Care (FVE) Misses Q4 EPS by 13c
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Five Star Quality Care, Inc. Announces Fourth Quarter and Year End 2015 Results
March 2, 2016 7:00 AM ESTAdjusted EBITDA for the Fourth Quarter Increased 1.5% over the Same Period in the Prior Year
NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Quality Care, Inc. (NYSE: FVE) today announced its financial results for the quarter and year ended December 31, 2015.
Five Stars President and CEO, Bruce J. Mackey Jr., made the following statement:
Fourth quarter 2015 Adjusted EBITDA increased by 1.5% over Adjusted EBITDA realized in the same period in 2014. Our improved results were primarily due to average monthly rate increases of 1.6%, management fee revenue increases of 13% over the... More
