Five Star Senior Living Inc. Announces Third Quarter 2018 Results

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Five Star Quality Care (FVE) Misses Q3 EPS by 7c, Revenues Beat

November 14, 2018 7:01 AM EST

Five Star Quality Care (NASDAQ: FVE) reported Q3 EPS of ($0.43), $0.07 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $348.91 million versus the consensus estimate of $338.62 million.

Senior living revenue for the third quarter of 2018 decreased 2.5% to $272.7 million from $279.7 million for the same period in 2017, primarily due to Five Star\'s sale of six senior living communities in December 2017, January 2018, February 2018 and June 2018 to Senior Housing Properties Trust... More