Published on 3 May 2022 on Zacks via Yahoo Finance
AlerisLife (ALR) Reports Q1 Loss, Misses Revenue Estimates
AlerisLife (ALR) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -181.82%. A quarter ago, it was expected that this nursing homes and retirement community operator would post a loss of $0.12 per share when it actually produced a loss of $0.30, delivering a surprise of -150%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.