What To Expect From New Senior Investment Group Inc. ($SNR) 3Q20 Earnings

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New Senior Investment Group Inc. (NYSE:SNR) is set to announce third quarter earning results on Friday 30th October 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, SNR to report 3Q20 loss of $ 0.05 per share.

For the full year, analysts anticipate top line of $ 337.37 million, while looking forward to loss of $ 0.09 per share bottom line.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 0.67 ~ $ 0.71 per share

Click Here For More Historical Outlooks Of New Senior Investment Group Inc.

Previous Quarter Performance

New Senior Investment Group Inc. reported income for the second quarter of $ 0.17 per share, from the revenue of $ 84.53 million. Wall street analysts are predicting, SNR to report 2Q20 loss of $ 0.14 per share from revenue of $ 81.90 million. The bottom line results beat street analysts by $ 0.31 or 221.43 percent, at the same time, top line results outshined analysts by $ 2.63 million or 3.21 percent.

Stock Performance

Shares of New Senior Investment Group Inc. traded up $ 0.35 or 9.62 percent on Thursday, reaching $ 3.99 with volume of 627.50 thousand shares. New Senior Investment Group Inc. has traded high as $ 4.02 and has cracked $ 3.56 on the downward trend

According to the previous trading day, closing price of $ 3.99, representing a 111.63 % increase from the 52 week low of $ 1.72 and a 56.41 % decrease over the 52 week high of $ 8.35.

The company has a market capital of $ 331.26 million and is part of the Real Estate sector and REIT – Diversified industry.

Conference Call

New Senior Investment Group Inc. will be hosting a conference call at 9:00 AM eastern time on 30th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.newseniorinv.com

New Senior Investment Group Inc. (NYSE: SNR) is a publicly-traded real estate investment trust with a diversified portfolio of senior housing properties located across the United States. As of March 31, 2019, New Senior is one of the largest owners of senior housing properties, with 133 properties across 37 states.