Published on 3 Aug 2022 on Zacks via Yahoo Finance
AlerisLife (ALR) Reports Q2 Loss, Misses Revenue Estimates
AlerisLife (ALR) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this nursing homes and retirement community operator would post a loss of $0.11 per share when it actually produced a loss of $0.31, delivering a surprise of -181.82%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.