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National HealthCare Corporation — Third Quarter 2026 Earnings Summary

  • Net operating revenues rose 6.6% year-over-year to $407.97 million for the quarter, while adjusted net income increased 13.8% to $28.15 million and adjusted diluted EPS rose to $1.76 from $1.58.
  • GAAP net income declined to $13.64 million from $39.24 million in the prior year period, primarily due to a $17.6 million unrealized loss on marketable equity securities compared to $20.8 million in gains the previous year.
  • Strategic growth was driven by acquisitions in June and July 2026, adding 5,464 licensed beds across skilled nursing, independent living, and assisted living sectors, bringing total operated beds to 10,323 as of November 1, 2026.
  • Balance sheet activity included a significant debt increase to $502.06 million from $40.00 million as of year-end 2025, alongside a dividend increase to $0.67 per share from $0.64.
Company
NATIONAL HEALTHCARE CORP
Sector
Healthcare
Industry
Medical Care Facilities