Senior Housing Properties Trust Profit Advances 3% In Q1

(RTTNews) - Senior Housing Properties Trust (SNH) revealed earnings for its first quarter that increased compared to the same period last year.

The company said its bottom line rose to $32.15 million, or $0.14 per share. This was higher than $31.27 million, or $0.13 per share, in last year's first quarter.

Analysts had expected the company to earn $0.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.4% to $264.56 million. This was up from $258.38 million last year.

Senior Housing Properties Trust earnings at a glance:

-Earnings (Q1): $32.15 Mln. vs. $31.27 Mln. last year. -Earnings Growth (Y-o-Y): 2.8% -EPS (Q1): $0.14 vs. $0.13 last year. -EPS Growth (Y-o-Y): 7.7% -Analysts Estimate: $0.15 -Revenue (Q1): $264.56 Mln vs. $258.38 Mln last year. -Revenue Change (Y-o-Y): 2.4%