New Senior Investment Group (SNR) Misses Q1 EPS by 2c, Revenues Miss

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New Senior Announces First Quarter 2020 Results

May 8, 2020 7:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- New Senior Investment Group Inc. (New Senior or the Company) (NYSE: SNR) announced today its results for the quarter ended March 31, 2020.

FIRST QUARTER 2020 FINANCIAL HIGHLIGHTS

Net income of $5.2 million, or $0.06 per diluted share Total net operating income (NOI) from continuing operations of $35.5 million, which excludes the assets in the Assisted Living/Memory Care (AL/MC) portfolio sold in February 2020 (the AL/MC Transaction) Total same store cash NOI increased 0.1% versus first quarter 2019 Excluding expenses related to COVID-19, total same store cash... More