Five Star Quality Care (FVE) Tops Q4 EPS by 3c, Revenues Beat
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Five Star Senior Living Inc. Announces Fourth Quarter and Year End 2018 Results
March 6, 2019 7:00 AM ESTNEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced its financial results for the quarter and year ended December31, 2018.
Financial Results for the quarter ended December31, 2018:
Senior living revenue for the fourth quarter of 2018 decreased 1.1% to $276.3 million from $279.2 million for the same period in 2017,primarily due to the sale of six senior living communities between December 2017 and June 2018 to Senior Housing Properties Trust (Nasdaq: SNH), which Five Star is currently managing for SNH,... More