Skilled Healthcare (SHK) Group Reports Q3 Earnings of $0.25 Per Share

Skilled Healthcare Group, Inc. (NYSE: SKH) announced its unaudited consolidated financial operating results for the three- and nine-month periods ended September 30, 2009.

Total consolidated revenue for the quarter ended September 30, 2009 was $188.4M, an increase of 3.2 percent, compared to total consolidated revenue of $182.5M in the third quarter of 2008.

Net income for the quarter ended September 30, 2009 totaled $9.1M, up 5.6 percent, compared to $8.6M for the third quarter of 2008.
Diluted earnings per common share from continuing operations for the quarter ended September 30, 2009 were $0.25, up 8.7 percent, compared to $0.23 for the same period in 2008. Including the loss per common share from discontinued operations for the quarter ended September 30, 2009, diluted earnings per common share were $0.24.
Skilled Healthcare Group, Inc, based in Foothill Ranch, California, is a holding company with subsidiary healthcare services companies, which in the aggregate have consolidated annual revenues of over $700 million and 14,000 employees.