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

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New Senior Announces First Quarter 2021 Results

May 5, 2021 7:00 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, 2021.

FIRST QUARTER 2021 FINANCIAL HIGHLIGHTS

Net loss of $7.6 million, or $(0.09) per diluted share Total same store net operating income (NOI) of $30.2 million; total same store cash NOI of $29.5 million Total same store cash NOI decreased 16.0% versus first quarter 2020 Adjusted Funds from Operations (AFFO) of $11.5 million, or $0.14 per diluted share, consistent with the Companys guidance for the quarter Normalized Funds Available... More