Emeritus Corp. (ESC) reported that its third-quarter net loss narrowed to $15.989 million or $0.41 per share from $23.076 million or $0.59 per share last year.
Loss from continuing operations was $16.099 million or $0.41 per share compared to a loss of $22.460 million or $0.57 per share prior year.
On average, 7 analysts polled by Thomson Reuters expected the company to report a loss of $0.25 per share for the quarter. Analysts' estimates typically exclude special items.
Total operating revenues increased to $222.701 million from $190.904 million last year. Analysts expected revenue of $221.36 million for the quarter.
Same Store total revenue increased 3.4% to $192.1 million from $185.8 million prior year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.