Genesis Healthcare, Inc. Provides Earnings Guidance for the Fourth Quarter and Year Ended December 31, 2015; Provides Earnings Guidance for the Year 2016
January 25, 2016 at 01:32 pm
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Genesis Healthcare, Inc. provided earnings guidance for the fourth quarter and year ended December 31, 2015. For the quarter, the company expects adjusted net revenues range from $1,410.0 million to $1,440.0 million. Adjusted EBITDAR of range from $158.0 million to $164.0 million. Adjusted EBITDA of range from $36.0 million to $42.0 million. Adjusted diluted loss per share of range from $0.06 to $0.04 per share.
For the year, the company expects adjusted net revenues range from $5,628.0 million to $5,658.0 million. Adjusted EBITDAR of range from $730.0 million to $736.0 million. Adjusted EBITDA of range from $246.0 million to $252.0 million. Adjusted diluted earnings per share of range from $0.21 to $0.23 per share.
For the year 2016, the company expects adjusted net revenues of range from $5,700.0 million to $5,800.0 million. Adjusted EBITDAR of range from $765.0 million to $795.0 million. Adjusted EBITDA of range from $267.0 million to $297.0 million. Adjusted diluted earnings per share of range from $0.19 to $0.29 per share.
Genesis Healthcare, Inc. is a holding company. The Company provides services to skilled nursing facilities and assisted/senior living communities. It also specializes in contract rehabilitation therapy, respiratory therapy, physician services, staffing services, and accountable care. It provides approximately 250 skilled nursing centers and senior living communities in 22 states nationwide. Its subsidiaries also supply rehabilitation therapy to approximately 1,400 locations in 43 states and the District of Columbia. It offers a range of services, which include rehabilitation therapy, memory support, long-term care, and assisted/senior living. Its rehabilitation therapy includes transitional care, short stay care, ventilator rehabilitation, dialysis, cardiac management, and pulmonary management. Its long-term care service provides 24-hour skilled nursing services for elderly residents and people with a chronic condition or a prolonged illness. It also offers hospice care services.
Genesis Healthcare, Inc. Provides Earnings Guidance for the Fourth Quarter and Year Ended December 31, 2015; Provides Earnings Guidance for the Year 2016
GENESIS HEALTHCARE, INC. 
