MURFREESBORO, Tenn. (AP) _ National HealthCare Corp. (NHC) on Friday reported a first-quarter loss of $26.9 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Murfreesboro, Tennessee-based company said it had a loss of $1.76. Earnings, adjusted for one-time gains and costs, came to $1.11 per share.
The nursing home and assisted living company posted revenue of $256.1 million in the period.
National HealthCare shares have decreased 25% since the beginning of the year. The stock has fallen 15% in the last 12 months.
NHC Reports First Quarter 2020 Earnings
Jobs Report Expected To Show The Biggest Labor Shock In U.S. History
Advisor News
- A rising retirement challenge: The license to spend
- Financial stress leaves less room for retirement saving
- Giving while you’re living: 3 frequently asked questions about gifting
- Helping clients prepare for one of their biggest retirement expenses
- Important year-end financial conversations every advisor must have
More Advisor NewsAnnuity News
- A rising retirement challenge: The license to spend
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity NewsHealth/Employee Benefits News
Life Insurance News