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

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Five Star Senior Living Inc. Announces First Quarter 2017 Results

May 5, 2017 7:00 AM EDT

NEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced its financial results for the quarter ended March 31, 2017.

Financial Results for the quarter ended March 31, 2017:

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 revenue is a result of an increase in average monthly rates to residents who pay privately for services and an increase in the number of leased communities, partially offset by a decrease in occupancy. In... More