Preview Of Five Star Senior Living Inc. ($FVE) 3Q20 Earnings

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Five Star Senior Living Inc. (NASDAQ:FVE) is reporting third quarter financial results on Thursday 5th November 2020, before market open.

According to analysts surveyed by Thomson Reuters, FVE is expected to report 3Q20 income of $ 0.06 per share from revenue of $ 277.01 million.

For the full year, analysts anticipate top line of $ 1128.06 million, while looking forward to loss of $ 0.31 per share bottom line.

Previous Quarter Performance

Five Star Senior Living Inc. outlined income for the second quarter of $ 0.10 per share, from the revenue of $ 285.08 million. The quarterly earnings shrunk 9.09 percent while revenues decreased 19.86 percent compared with the same quarter last year. Wall street analysts are predicting revenue of $ 352.87 million The top line results fell short of analysts by $ 67.79 million or 19.21 percent.

Stock Performance

Shares of Five Star Senior Living Inc. traded low $ -0.28 or -5.96 percent on Wednesday, reaching $ 4.42 with volume of 43.50 thousand shares. Five Star Senior Living Inc. has traded high as $ 4.73 and has cracked $ 4.42 on the downward trend

The closing price of $ 4.42, representing a 120.66 % increase from the 52 week low of $ 2.13 and a 24.8 % decrease over the 52 week high of $ 6.25.

The company has a market capital of $ 139.56 million and is part of the Healthcare sector and Long-Term Care Facilities industry.

Conference Call

Five Star Senior Living Inc. will be hosting a conference call at 1:00 PM eastern time on 5th November 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.fivestarseniorliving.com

Five Star Senior Living Inc. operates and manages senior living communities in the United States. It operates through Senior Living Communities, and Rehabilitation and Wellness segments.