Genesis Healthcare (NYSE:GEN) Releases Quarterly Earnings Results, Beats Estimates By $0.49 EPS

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Genesis Healthcare (NYSE:GEN) announced its quarterly earnings results on Thursday. The company reported $0.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.09) by $0.49, Fidelity Earnings reports. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion.

Shares of GEN traded up $0.04 during mid-day trading on Friday, hitting $1.54. 250,507 shares of the company’s stock were exchanged, compared to its average volume of 214,777. The firm has a fifty day moving average of $1.31 and a two-hundred day moving average of $1.23. Genesis Healthcare has a twelve month low of $0.92 and a twelve month high of $1.74. The stock has a market cap of $230.69 million, a price-to-earnings ratio of -0.99 and a beta of 0.93.

About Genesis Healthcare

Genesis Healthcare, Inc, together with its subsidiaries, owns and operates skilled nursing facilities and assisted/senior living facilities in the United States. The company operates through three segments: Inpatient Services, Rehabilitation Therapy Services, and All Other Services. It also provides a range of rehabilitation therapy services, including speech-language pathology, physical therapy, occupational therapy, and respiratory therapy.

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Earnings History for Genesis Healthcare (NYSE:GEN)

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