New Senior Investment Group (SNR) Tops Q2 FFO by 1c

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Go back to New Senior Investment Group (SNR) Tops Q2 FFO by 1c

New Senior Announces Second Quarter 2016 Results

August 4, 2016 6:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- New Senior Investment Group Inc. (New Senior or the Company) (NYSE: SNR) announced today its results for the quarter ended June 30, 2016.

2Q 2016 FINANCIAL HIGHLIGHTS

Declared cash dividend of $0.26 per common share Net loss of $27.4 million, or $0.33 per basic and diluted share Total NOI of $57.9 million compared to $57.3 million for 1Q16 Normalized Funds from Operations (Normalized FFO) of $27.7 million, or $0.34 per basic share and $0.33 per diluted share, compared to $26.5 million, or $0.32... More