New Senior Announces First Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- S&P 500 inches lower as Middle East tensions outweigh tech gains
- L3Harris CEO steps down amid conduct review, shares drop
- Reddit leads social media platforms in revenue growth per user
- Northland Upgrades Astera Labs (ALAB) to Outperform, 'Right Time, Customers, and Products'
- H.C. Wainwright Reiterates Buy Rating on Soluna (SLNH)
New Senior Investment Group (SNR) Misses Q1 EPS by 2c, Revenues Miss
May 8, 2020 7:33 AM EDTNew Senior Investment Group (NYSE: SNR) reported Q1 EPS of ($0.14), $0.02 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $86.59 million versus the consensus estimate of $99.68 million.
FIRST QUARTER 2020 & RECENT BUSINESS HIGHLIGHTS
Delivered strong first quarter 2020 same store NOI and AFFO per share results, consistent with expectations at the start of the yearCompleted the AL/MC Transaction in February 2020, for a gross sale price of $385 millionIn conjunction with the AL/MC Transaction, significantly strengthened the balance sheet through the following activities:Repaid approximately $360 million of debt with... More