Senior Housing Properties Trust Earnings Fall 3% In Q3

(RTTNews) - Senior Housing Properties Trust (SNH) revealed a profit for third quarter that declined from last year.

The company said its profit fell to $105.73 million, or $0.45 per share. This was lower than $108.93 million, or $0.46 per share, in last year's third quarter.

Analysts had expected the company to earn $0.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.4% to $263.98 million. This was up from $255.27 million last year.

Senior Housing Properties Trust earnings at a glance:

-Earnings (Q3): $105.73 Mln. vs. $108.93 Mln. last year. -Earnings Decline (Y-o-Y): -2.9% -EPS (Q3): $0.45 vs. $0.46 last year. -EPS Decline (Y-o-Y): -2.2% -Analysts Estimate: $0.46 -Revenue (Q3): $263.98 Mln vs. $255.27 Mln last year. -Revenue Change (Y-o-Y): 3.4%