Sun Healthcare Group, Inc. (SUNH) reported second-quarter net loss of $980 thousand or $0.04 per share, compared to a net income of $9.9 million or $0.38 per share in the prior year quarter.
Income from continuing operations for the quarter was $4.1 million or $0.15 per share, down from $11.4 million or $0.44 per share in the comparable quarter last year. On average, 12 analysts polled by Thomson Reuters expected earnings of $0.14 per share for the quarter. Analysts' estimates typically exclude special items.
Consolidated revenues for the quarter dropped to $457.14 million from $470.58 million last year, while eleven Wall Street analysts expected revenues of $465.81 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.