NHC Q1 2023 GAAP EPS $0.76, adjusted EPS $0.79; revenue down 3.4% on lower stimulus

NATIONAL HEALTHCARE CORP

2023-Q1 EPS reported $0.76 revenue$269,563,000

GAAP net income $11.7M ($0.76 diluted EPS); adjusted net income $12.1M ($0.79 adjusted EPS).
Net revenues + grant income $269.6M, down 3.4% YoY due to $10.6M less government stimulus income.
Same-facility net revenues (excl. stimulus and exited facilities) rose 7.1% YoY.
Exited seven skilled nursing facilities in MA/NH during Q3 2022, affecting revenue comparisons.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NATIONAL HEALTHCARE CORP reported the quarter ended March 31, 2023 results: revenue $269,563,000, net income $11,723,000, EPS $0.76.

Period: the quarter ended March 31, 2023
Revenue: $269,563,000
Net income: $11,723,000
EPS: $0.76
Result: reported results

Exact text from the filing

NHC Reports First Quarter 2023 Earnings MURFREESBORO, Tenn. -- National HealthCare Corporation (NYSE American: NHC ), the nation's oldest publicly traded senior health care company, announced today net operating revenues and grant income for the quarter ended March 31, 2023 totaled $269,563,000 compared to $278,983,000 for the quarter ended March 31, 2022, a decrease of 3.4%.

View on SEC.gov

36 earnings releases filed in the last 30 days. Browse all earnings releases →

NATIONAL HEALTHCARE CORP filing history →

Source: SEC EDGAR

accession 0001437749-23-012716

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.