Emeritus Hits New 1-Year High at $32.62 (ESC)
Emeritus (NYSE:ESC)’s share price hit a new 52-week high during trading on Thursday , AnalystRatingsNetwork.com reports. The company traded as high as $32.62 and last traded at $32.52, with a volume of 138,283 shares trading hands. The stock had previously closed at $32.31.
The stock’s 50-day moving average is $31. and its 200-day moving average is $27.75. The company’s market cap is $1.566 billion.
Emeritus (NYSE:ESC) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.99) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.64) by $0.35. The company had revenue of $521.83 million for the quarter, compared to the consensus estimate of $524.50 million. During the same quarter in the previous year, the company posted ($0.88) earnings per share. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. On average, analysts predict that Emeritus will post $2.18 earnings per share for the current fiscal year.
Emeritus Corporation (NYSE:ESC) is engaged in operations of senior living communities in the United States.
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