Emeritus Announces Operating Results for Third Quarter 2010: Loss Per Share of $0.35

Emeritus Corporation ESC, a national provider of senior living services, today announced its third quarter 2010 results. Quarter Ended September 30, 2010 Operating Summary Compared to Prior Year Third Quarter * Total revenues increased $24.2 million, or 10.7%, to $250.0 million. * Same community average monthly revenue per occupied unit improved by 3.5% to $3,798. * Same community average occupancy increased 30 basis points to 87.9%. * Total average occupancy was 87.1% for both periods. * Adjusted EBITDAR increased $7.3 million, or 11.6%, to $69.9 million. * CFFO per share improved 63.2% to $0.31 compared to $0.19. Loss Per Share of $0.35
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!