Sun Healthcare Group, Inc. (SUNH: Quote) 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.
Click here to receive FREE breaking news email alerts for SUN HEALTHCARE GROUP INC and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org