Five Star Quality Care (FVE) Misses Q3 EPS by 7c, Revenues Beat
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Five Star Senior Living Inc. Announces Third Quarter 2018 Results
November 14, 2018 7:00 AM ESTNEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced its financial results for the quarter ended September30, 2018.
Financial Results for the quarter ended September30, 2018:
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 (Nasdaq: SNH), which Five Star is... More