Capital Senior Living Corporation Reports Fourth Quarter and Full Year 2017 Results

Longevity Investing

Capital Senior Living (NYSE:CSU), one of the nation’s largest operators of senior housing communities, today announced operating and financial results for the fourth quarter and full year 2017. As quoted in the press release: “Focused execution on our key initiatives resulted in growth in our same-community NOI, Adjusted EBITDAR and Adjusted CFFO in the fourth …

Capital Senior Living (NYSE:CSU), one of the nation’s largest operators of senior housing communities, today announced operating and financial results for the fourth quarter and full year 2017.

As quoted in the press release:

“Focused execution on our key initiatives resulted in growth in our same-community NOI, Adjusted EBITDAR and Adjusted CFFO in the fourth quarter on both a sequential and year-over-year basis,” said Lawrence A. Cohen, Chief Executive Officer of the Company. “In 2017, we made a number of broad-based organizational and operational changes to refocus our company-wide culture of high reliability, accountability and operational excellence. We took immediate action to overcome challenges and drive sustainable profitable growth. We also continue to execute our comprehensive strategy to deliver higher revenues, enhance cash flow and maximize the value of our owned real estate. We are particularly pleased that the proactive systems and protocols we implemented to combat the severe flu season greatly minimized its spread throughout our communities.

Click here to read the full press release.

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