New Senior Investment Group (SNR) Misses Q3 EPS by 6c, Revenues Beat

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New Senior Announces Third Quarter 2018 Results

November 1, 2018 6:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- New Senior Investment Group Inc. (New Senior or the Company) (NYSE: SNR) announced today its results for the quarter ended September 30, 2018.

THIRD QUARTER 2018 FINANCIAL HIGHLIGHTS

Declared cash dividend of $0.13 per common share Net loss of $20.3 million, or $(0.25) per diluted share Total net operating income (NOI) of $40.7 million Adjusted same store cash NOI decreased 2.0% versus Q317 Normalized Funds from Operations (Normalized FFO) of $4.7 million, or $0.06 per diluted share AFFO of $9.8 million, or $0.12 per diluted share... More