New Senior Investment Group (SNR) Reports In-Line Q3 EPS, Revenues Miss

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Go back to New Senior Investment Group (SNR) Reports In-Line Q3 EPS, Revenues Miss

New Senior Announces Third Quarter 2020 Results

October 30, 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 September 30, 2020.

THIRD QUARTER 2020 FINANCIAL HIGHLIGHTS

Net loss of $4.4 million, or $(0.05) per diluted share Total net operating income (NOI) of $33.2 million; total same store cash NOI of $33.0 million Total same store cash NOI decreased 7.6% versus third quarter 2019; year-to-date total same store cash NOI decreased 3.6% versus the same period of 2019 Normalized Funds from Operations (Normalized FFO) of $12.4 million, or $0.15 per diluted... More