earnings
confidence high
sentiment positive
materiality 0.85
NHC Q3 revenue up 18% to $340M; GAAP EPS $2.73, adjusted EPS $1.27
NATIONAL HEALTHCARE CORP
2024-Q3 EPS reported
$6.15
revenue$938,032,000
- Net operating revenues and grant income $340.2M, up 17.9% YoY, driven by Aug 1 acquisition of White Oak Manor.
- GAAP net income $42.8M ($2.73 diluted EPS) vs $10.4M ($0.68) in Q3 2023.
- Adjusted net income $19.9M ($1.27 adjusted diluted EPS) vs $13.3M ($0.86), up 50.3%.
- White Oak acquisition added 21 facilities (15 SNF, 2 ALF, 4 ILF) effective Aug 1, 2024.