New Senior Investment Group (SNR) Reports Q4 Loss of $1.05, Revenues Beat; Offers FY19 EPS Guidance Below Consensus
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New Senior Announces Fourth Quarter and Full Year 2018 Results
February 22, 2019 6:30 AM ESTBegins New Chapter as Internally-Managed Company
NEW YORK--(BUSINESS WIRE)-- New Senior Investment Group Inc. (New Senior or the Company) (NYSE: SNR) announced today its results for the quarter and full year ended December 31, 2018.
FOURTH QUARTER 2018 FINANCIAL HIGHLIGHTS
Declared cash dividend of $0.13 per common share Net loss of $86.6 million, or $(1.05) per diluted share Total net operating income (NOI) of $43.4 million Adjusted same store cash NOI increased 0.3% versus Q417 Normalized Funds from Operations (Normalized FFO) of $12.3 million, or $0.15 per... More