Five Star Senior Living Inc. Announces Second Quarter 2018 Results

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Senior Housing Properties Trust (SNH) PT Raised to $18 at RBC Capital

August 9, 2018 8:48 AM EDT

RBC Capital raised its price target on Senior Housing Properties Trust (NASDAQ: SNH) to $18.00 (from $17.00) while maintaining a Sector Perform rating.

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Five Star Quality Care (FVE) Misses Q2 EPS by 27c, Revenues Miss

August 9, 2018 7:13 AM EDT

Five Star Quality Care (NASDAQ: FVE) reported Q2 EPS of ($0.42), $0.27 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $343.1 million versus the consensus estimate of $346.22 million.

Senior living revenue for the second quarter of 2018 decreased 3.5% to $270.9 million from $280.9 million for the same period in 2017, primarily due to Five Star's sale of four senior living communities in December 2017, January 2018 and February 2018 to Senior Housing Properties Trust (SNH) pursuant... More