National HealthCare Corp. (NHC) has reported a significant increase in profits for its fourth quarter compared to the previous year. In total, the company's net income reached $28.41 million, equating to $1.83 per share, showing strong growth from the $6.35 million ($0.41 per share) reported in the fourth quarter of the previous year.
When excluding specific items, National HealthCare Corp. disclosed adjusted earnings of $15.96 million or $1.03 per share for the time period.
The revenue for the quarter also saw a 13.7% rise, increasing to $300.91 million from the $264.55 million earned last year.
Here's a quick look at National HealthCare Corp.'s earnings based on GAAP:
- Earnings for Q4: $28.41 million, up from $6.35 million last year.
- EPS for Q4: $1.83, up from $0.41 last year.
- Revenue for Q4: $300.91 million, up from $264.55 million last year.
