New Senior Investment Group (SNR) Tops Q4 EPS by 21c

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New Senior Announces Fourth Quarter and Full Year 2016 Results

February 28, 2017 6:22 AM EST

NEW YORK--(BUSINESS WIRE)-- New Senior Investment Group Inc. (New Senior or the Company) (NYSE: SNR) announced today its results for the quarter and full year ended December 31, 2016.

4Q 2016 FINANCIAL HIGHLIGHTS

Declared cash dividend of $0.26 per common share Net loss of $2.8 million, or ($0.03) per basic and diluted share Total net operating income (NOI) of $57.1 million, compared to $57.7 million for 4Q15 Normalized Funds from Operations (Normalized FFO) of $26.0 million, or $0.32 per basic share and $0.31 per diluted share AFFO of $22.5 million,... More