National HealthCare Corp. (NHC) has announced an increase in its first quarter earnings compared to the previous year. The company reported a net profit of $26.21 million, equating to $1.69 per share. This is a significant increase from $11.72 million, or $0.76 per share last year.
On adjusting for certain items, National HealthCare Corp. reported an earning of $15.05 million or $0.97 per share for the same period.
There was also a 10.2% rise in the company's revenue for the quarter, which amounted to $297.18 million, up from $269.56 million last year.
To summarize, National HealthCare Corp's earnings for the first quarter are as follows:
- Earnings for Q1 have shown a substantial increase to $26.21 million from $11.72 million last year.
- Earnings per share (EPS) for Q1 rose to $1.69 from $0.76 last year.
- Revenue for Q1 reached $297.18 million, compared to $269.56 million last year.
