NHC Reports Year End Earnings

MURFREESBORO, Tenn. — National HealthCare Corporation (NYSE MKT: NHC), the nation’s oldest publicly traded long-term health care company, today announced net operating revenues for the year ended December 31, 2015 totaled $906,622,000 compared to $871,683,000 for the year ended December 31, 2014, an increase of 4.0%. For the year ended December 31, 2015, net income available to common shareholders was $46,324,000, or $3.34 per share basic, compared to $44,699,000, or $3.24 per share basic, for the 2014 year. Excluding the operating losses from the newly constructed skilled nursing facilities and assisted living facility placed in service less than twelve months ago, net income available to common shareholders for the year ended December 31, 2015 would have been $49,508,000, which is an increase of 10.8% over the 2014 year.

Net operating revenues for the three months ended December 31, 2015 totaled $233,927,000 compared to $226,374,000 for the same three months in 2014, an increase of 3.3%. Fourth quarter of 2015 net income available to common shareholders was $14,644,000, or $1.03 per basic share, compared to $12,632,000, or
$0.92 per basic share, in the fourth quarter of 2014. Excluding the operating losses from the newly constructed skilled nursing facilities and assisted living facility placed in service less than twelve months ago, net income available to common shareholders for the three months ended December 31, 2015 would have been $15,168,000, which is an increase of 20.1% over the same three month period in 2014. View as PDF