Five Star Senior Living Inc. Announces First Quarter 2017 Results

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Five Star Quality Care (FVE) PT Lowered to $3.75 at Jefferies; Reiterates Buy

May 8, 2017 7:49 AM EDT

Jefferies lowered its price target on Five Star Quality Care (NASDAQ: FVE) to $3.75 (from $4.25) while maintaining a Buy rating. FVE reported 1Q EBITDA of $3.8MM, slightly below expectations due to higher expenses. The company delivered impressive growth in its Ancillary Svcs. segment, reporting its 4th... More

Five Star Quality Care (FVE) Misses Q1 EPS by 5c, Revs Beat

May 5, 2017 7:04 AM EDT

Five Star Quality Care (NASDAQ: FVE) reported Q1 EPS of ($0.14), $0.05 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $350.69 million versus the consensus estimate of $345.94 million.

Senior living revenue for the first quarter of 2017 increased 0.1% to $280.5 million from $280.1 million for the same period in 2016. The increase in senior living revenueis a result of an increase in average monthly rates to residents who pay... More