NYSE$NHC
National HealthCare Corporation · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
NHC's earnings increased in Q3 2024 due to White Oak acquisition and overall revenue growth.
National HealthCare Corporation reported a strong third quarter in 2024, with a 17.9% increase in net operating revenues and grant income, primarily driven by the acquisition of White Oak Manor. GAAP net income attributable to NHC significantly increased, along with adjusted net income and diluted earnings per share.
- Net operating revenues and grant income increased by 17.9% to $340.2 million compared to Q3 2023.
- GAAP net income attributable to NHC was $42.8 million, a substantial increase from $10.4 million in the same period last year.
- Adjusted net income rose by 50.3% to $19.9 million compared to $13.3 million in Q3 2023.
- GAAP diluted earnings per share were $2.73, up from $0.68 in the prior year, while adjusted diluted earnings per share increased to $1.27 from $0.86.
Headline financials
Revenue & EPS history
NHC · Revenue · Quarterly
$340M
Revenue by segment
NHC · $260M total across 2 segments · Q1 2023
- Net patient revenues$258M+2.8%99.2%
- Other revenues$2.06M-87.5%0.8%
Forward guidance
Statements in this press release that are not historical facts are forward-looking statements. NHC cautions investors that any forward-looking statements made involve risks and uncertainties and are not guarantees of future performance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.1%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+1.8%
Avg return
30 days after
60%
39 / 65 earnings
Positive
+12.2%
Q2 2023
Best reaction
-14.0%
Q4 2009
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.8% | +11.8% | +12.9% | |
| Q4 2025 | +2.0% | -4.7% | -3.7% | |
| Q3 2025 | +1.1% | +3.4% | +7.8% | |
| Q1 2025 | +1.6% | -3.1% | -3.3% | |
| Q4 2024 | +0.8% | +0.1% | -0.2% | |
| Q3 2024 | +4.5% | -0.1% | -4.8% | |
| Q2 2024 | +3.2% | +3.7% | +6.4% | |
| Q1 2024 | +0.9% | +4.4% | +7.4% | |
| Q4 2023 | +5.8% | +7.1% | -0.1% | |
| Q3 2023 | +1.8% | +3.9% | +14.2% | |
| Q2 2023 | +12.2% | +12.6% | +12.5% | |
| Q1 2023 | +1.9% | +5.4% | +11.5% | |
| Q4 2022 | -2.4% | -3.9% | -8.2% | |
| Q3 2022 | -3.2% | -1.0% | -1.3% | |
| Q2 2022 | +1.1% | +1.9% | +0.8% | |
| Q1 2022 | +2.8% | +0.8% | +1.9% | |
| Q4 2021 | +0.5% | +0.4% | +9.6% | |
| Q3 2021 | +5.9% | +1.3% | -10.0% | |
| Q2 2021 | -0.8% | -2.4% | -5.9% | |
| Q1 2021 | -1.5% | -1.6% | +2.4% | |
| Q4 2020 | +3.7% | +10.3% | +20.5% | |
| Q3 2020 | -1.8% | +13.0% | +2.3% | |
| Q2 2020 | +5.8% | +5.0% | -1.2% | |
| Q1 2020 | -0.0% | -5.0% | +5.4% | |
| Q4 2019 | -0.2% | -8.4% | -16.6% | |
| Q3 2019 | -0.4% | +0.1% | +1.1% | |
| Q2 2019 | -0.6% | +0.4% | -5.3% | |
| Q1 2019 | +0.1% | +1.4% | +2.3% | |
| Q4 2018 | +1.8% | -0.2% | -4.2% | |
| Q3 2018 | -2.3% | -3.5% | -2.1% | |
| Q2 2018 | +1.7% | +4.4% | +5.3% | |
| Q1 2018 | +3.0% | +3.8% | +8.3% | |
| Q4 2017 | -7.1% | -2.5% | -3.3% | |
| Q3 2017 | -1.0% | +2.9% | +0.4% | |
| Q2 2017 | +0.0% | +2.3% | -3.8% | |
| Q1 2017 | -1.1% | -1.2% | -2.2% | |
| Q4 2016 | +1.0% | +0.8% | +0.3% | |
| Q3 2016 | -2.1% | +1.0% | +7.6% | |
| Q2 2016 | +1.9% | +2.6% | +4.7% | |
| Q1 2016 | -0.6% | — | — | |
| Q4 2015 | -1.6% | — | — | |
| Q3 2015 | +0.5% | — | — | |
| Q2 2015 | -3.4% | — | — | |
| Q1 2015 | +0.1% | — | — | |
| Q4 2014 | +1.0% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q2 2014 | +0.4% | — | — | |
| Q1 2014 | +2.3% | — | — | |
| Q4 2013 | -0.4% | — | — | |
| Q3 2013 | +0.7% | — | — | |
| Q2 2013 | +1.5% | — | — | |
| Q1 2013 | -0.3% | — | — | |
| Q4 2012 | +1.2% | — | — | |
| Q3 2012 | +1.8% | — | — | |
| Q2 2012 | -1.0% | — | — | |
| Q1 2011 | -4.9% | — | — | |
| Q1 2012 | +3.2% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q3 2010 | +7.9% | — | — | |
| Q3 2011 | +7.9% | — | — | |
| Q4 2009 | -14.0% | — | — | |
| Q4 2010 | -14.0% | — | — | |
| Q2 2010 | -14.0% | — | — | |
| Q2 2011 | -14.0% | — | — | |
| Q1 2010 | +3.5% | — | — |
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