earnings
confidence high
sentiment positive
materiality 0.65
NHC Q2 2024 GAAP EPS $1.73 vs $1.06 YoY; revenue up 6.4%
NATIONAL HEALTHCARE CORP
2024-Q2 EPS reported
$3.42
revenue$597,834,000
- Net operating revenues and grant income $300.7M, up 6.4% YoY from $282.6M.
- Same-facility revenue (excl. stimulus, Medicaid, exited facilities) grew 8.0%.
- GAAP net income $26.8M ($1.73 diluted EPS) vs $16.3M ($1.06) in Q2 2023.
- Adjusted net income $15.6M ($1.00 adjusted EPS) vs $13.7M ($0.89) YoY.
- Unrealized gains on marketable securities portfolio drove the GAAP beat.