Skilled Healthcare Group Inc.'s (SKH) third-quarter net income increased to $9.05 million or $0.24 per share from $8.57 million or $0.23 per share in the previous year. On average, 15 analysts polled by Thomson Reuters expected earnings per share of $0.22 for the quarter. Analysts' estimate typically excludes one-time items.
Revenue for the third quarter grew to $188.36 million from $182.47 million in the comparable period. Ten analysts estimated revenues of $192.56 million for the quarter.
For the full year 2009, net income per common share is now expected to be between $0.98 and $1.01 compared with its prior range of $0.95 - $1.01.
Skilled Healthcare is updating its 2009 full-year revenue guidance, by expecting revenues to be between $763 million and $767 million and EBITDA is expected to be in the range of $112 million - $115 million.
Eleven analysts estimate earnings per share of $0.98 on revenues of $771.42 million for the year.
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