Five Star Quality Care (FVE) Tops Q3 EPS by 5c
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Five Star Senior Living Inc. Announces Third Quarter 2017 Results
November 9, 2017 7:00 AM ESTNEWTON, Mass.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (Nasdaq: FVE) today announced its financial results for the quarter ended September 30, 2017.
Financial Results for the quarter ended September 30, 2017:
Senior living revenue for the third quarter of 2017 increased 0.1% to $279.7 million from $279.3 million for the same period in 2016, primarily due to an increase in average monthly rates to residents who pay privately for services, offset by a decrease in occupancy. Management fee revenue for the third quarter of 2017 increased 2.3% to $3.4 million from $3.3 million for the... More