New Senior Announces Second Quarter 2019 Results

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UPDATE: New Senior Investment Group (SNR) Misses Q2 EPS by 1c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus, Raises FY19 AFFO Mid-Point Guidance Range

August 2, 2019 6:13 AM EDT

(Updated - August 2, 2019 6:14 AM EDT)

New Senior Investment Group (NYSE: SNR) reported Q2 EPS of ($0.12), $0.01 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $116.02 million versus the consensus estimate of $117.71 million.

Declared cash dividend of $0.13 per common shareNet loss attributable to common stockholders of $10.2 million, or $(0.12) per diluted shareTotal net operating income (NOI) of $41.1 millionAdjusted same store cash... More