AP NEWS

Genesis Healthcare: 3Q Earnings Snapshot

November 7, 2018

KENNETT SQUARE, Pa. (AP) _ Genesis Healthcare Inc. (GEN) on Wednesday reported a loss of $58.1 million in its third quarter.

On a per-share basis, the Kennett Square, Pennsylvania-based company said it had a loss of 57 cents. Losses, adjusted for asset impairment costs, were 32 cents per share.

The operator of nursing homes and senior living communities posted revenue of $1.22 billion in the period.

In the final minutes of trading on Wednesday, the company’s shares hit $1.67. A year ago, they were trading at 97 cents.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEN at https://www.zacks.com/ap/GEN

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