Five Star Senior Living Q4 Net Loss Narrows

(RTTNews) - Five Star Senior Living Inc. (FVE) Wednesday announced a narrower net loss for the fourth quarter to $1.006 million from $5.627 million in the prior year. On a per share basis, net were $0.02, narrower than $0.11 in the previous year.

On average, two analysts polled by Thomson Reuters expected the company to report loss of $0.15 per share. Analysts estimates usually exclude special items.

Revenue for the quarter increased slightly to $348.29 million from $346.25 million a year ago. Senior living revenues were $279.24 million compared to $280.98 million in the same period last year.

Wall Street were looking for revenue of $345.86 million.