Senior Housing Properties Trust Profit Advances 24% In Q3

(RTTNews) - Senior Housing Properties Trust (SNH) announced earnings for its third quarter that increased from last year.

The company said its bottom line advanced to $111.43 million, or $0.47 per share. This was up from $89.59 million, or $0.44 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 17.7% to $255.28 million. This was up from $216.87 million last year.

Senior Housing Properties Trust earnings at a glance:

-Earnings (Q3): $111.43 Mln. vs. $89.59 Mln. last year. -Earnings Growth (Y-o-Y): 24.4% -EPS (Q3): $0.47 vs. $0.44 last year. -EPS Growth (Y-o-Y): 6.8% -Analysts Estimate: $0.46 -Revenue (Q3): $255.28 Mln vs. $216.87 Mln last year. -Revenue Change (Y-o-Y): 17.7%