Senior Housing Properties Trust Q2 adjusted earnings Beat Estimates

(RTTNews) - Senior Housing Properties Trust (SNH) reported earnings for its second quarter that advanced from last year.

The company's bottom line came in at $123.59 million, or $0.52 per share. This compares with $16.04 million, or $0.07 per share, in last year's second quarter.

Excluding items, Senior Housing Properties Trust reported adjusted earnings of $104.80 million or $0.44 per share for the period.

Analysts had expected the company to earn $0.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.6% to $277.25 million from $265.01 million last year.

Senior Housing Properties Trust earnings at a glance:

-Earnings (Q2): $104.80 Mln. vs. $103.60 Mln. last year. -EPS (Q2): $0.44 vs. $0.44 last year. -Analysts Estimate: $0.14 -Revenue (Q2): $277.25 Mln vs. $265.01 Mln last year.