Senior Housing Properties Trust Announces 350% Advance In Q4 Earnings

(RTTNews) - Senior Housing Properties Trust (SNH) reported a profit for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $42.89 million, or $0.18 per share. This was up from $9.54 million, or $0.04 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.16 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.5% to $274.29 million. This was up from $267.52 million last year.

Senior Housing Properties Trust earnings at a glance:

-Earnings (Q4): $42.89 Mln. vs. $9.54 Mln. last year. -Earnings Growth (Y-o-Y): 349.6% -EPS (Q4): $0.18 vs. $0.04 last year. -EPS Growth (Y-o-Y): 350.0% -Analysts Estimate: $0.16 -Revenue (Q4): $274.29 Mln vs. $267.52 Mln last year. -Revenue Change (Y-o-Y): 2.5%