Five Star Quality Care (FVE) Reports In-Line Q4 EPS

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Five Star Quality Care, Inc. Announces Fourth Quarter and Year End 2016 Results and Corporate Name Change to Five Star Senior Living Inc.

March 3, 2017 7:00 AM EST

NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced its financial results for the quarter and year ended December 31, 2016.

Bruce Mackey, President and Chief Executive Officer of Five Star, made the following statement:

During the quarter, we continued to make progress with our operating initiatives that are intended to improve occupancy, ancillary revenues and cash flows from our senior living communities. Despite the recent increased amount of competition in the senior living industry, we are pleased that our occupancy rate remained stable between the... More