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: EarningsNewsHealth CareHealth Care Facilities
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!