Five Star Quality Care (FVE) Misses Q2 EPS by 27c, Revenues Miss
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Five Star Senior Living Inc. Announces Second Quarter 2018 Results
August 9, 2018 7:00 AM EDTNEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced its financial results for the quarter ended June 30, 2018.
Financial Results for the quarter ended June 30, 2018:
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 (Nasdaq: SNH) pursuant to a transaction agreement between Five Star and SNH, or the 2017... More