Five Star Quality Care, Inc. Reports Third Quarter EPS of $.15

Five Star Quality Care, Inc. (FVE) today announced its financial results for the quarter and nine months ended September 30, 2010.

Third Quarter 2010 Financial Highlights:

• Total revenues for the third quarter of 2010 increased 6.7% to $315.1 million from $295.3 million for the same period last year.
• Income from continuing operations for the third quarter of 2010 was $5.6 million compared to $4.4 million for the same period last year.
• Income per share from continuing operations for the third quarter of 2010 was $0.16 and $0.15 per share, basic and diluted, respectively compared to $0.13 per basic and diluted share for the same period last year.
• Income from continuing operations for the third quarter of 2010 included a gain on early extinguishment of debt that resulted in a positive impact of $66,000 to our earnings, but had no impact on our earnings per share from continuing operations. Income from continuing operations for the third quarter of 2009 included several items that, in aggregate, resulted in a positive impact of $4.0 million, or $0.12 and $0.10 per share, basic and diluted, respectively, to our earnings.