Senior Housing Properties Trust Reveals 7% Rise In Q2 Profit

(RTTNews) - Senior Housing Properties Trust (SNH) reported earnings for its second quarter that climbed from last year.

The company said its bottom line climbed to $111.69 million, or $0.47 per share. This was up from $104.16 million, or $0.44 per share, in last year's second quarter.

Analysts had expected the company to earn $0.47 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.6% to $261.37 million. This was up from $247.40 million last year.

Senior Housing Properties Trust earnings at a glance:

-Earnings (Q2): $111.69 Mln. vs. $104.16 Mln. last year. -Earnings Growth (Y-o-Y): 7.2% -EPS (Q2): $0.47 vs. $0.44 last year. -EPS Growth (Y-o-Y): 6.8% -Analysts Estimate: $0.47 -Revenue (Q2): $261.37 Mln vs. $247.40 Mln last year. -Revenue Change (Y-o-Y): 5.6%