Northstar Healthcare Income Inc   (NHHS)

Northstar Healthcare Income Inc announced rather significant deterioration in their top-line, over the fourth quarter of 2022 earnings season

NHHS reported fourth quarter of 2022 operating surplus of $24.799 million

Published 2023-03-28T09:08:39+00:00
Goran Soko / CSIMarket.com Contributer

architecture-2256489_960_720For the most recent fiscal period NHHS Diminishing Returns have widen of $-0.09 per share compare to $0.28 a year prior and earnings per share improved from $-0.15 per share from the previous reporting season.

The revenue decreased respectably by -15.499 % to $48.69 million from $57.62 million in the corresponding reporting season a year prior and sequentially revenue advanced by 1.994 % from $47.74 million.

For the most recent fiscal period Northstar Healthcare Income Inc logged net shortfall of $-18.634 million, instead of net earnings of $55.721 million saw in the corresponding reporting season a year before.
Operating earnings, however, rose 1153.74% to $24.799 million.
NHHS reported a shortfall of $-54.50 million and revenue of $185.14 million for the financial year 2022.

Real Estate Investment Trusts company mentioned that, its eps were at $-0.28 relative to $0.13 in the previous financial year, while revenue fell by -23.9 % from $243.28 million a year prior.

Northstar Healthcare Income Inc is expected to report next financial results on August 11, 2023.

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