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Beverly Enterprises Inc.

BEVERLY ENTERPRISES INC.

More Than Doubles Net Income

FORT SMITH -- For the three months ended June 30, Beverly Enterprises Inc.'s second-quarter revenues were $563,832,000, compared with $520,807,000 for the second quarter of 1990.

Pre-tax income for the second quarter was $12,785,000, compared with $5,150,000 in the same period last year.

Net income for the second quarter was $8,183,000, 10 cents a share, compared with $3,296,000, 5 cents a share, in the same period last year.

For the six months that ended June 30, revenues were $1,109,696,000, compared with $1,022,694,000 in the first six months of 1990.

Pre-tax income for the six months that ended June 30 was $19,718,000, compared with $6,215,000 in the same period last year.

Net income for the six months that ended June 30 was $12,620,000, 16 cents a share, compared with a net income of $3,978,000, 6 cents a share, in the same period last year.

Beverly is a long-term health care company, operating nursing facilities, pharmacies, retirement living centers and home health centers.

Contact: David R. Banks, Beverly Enterprises Inc., P.O. Box 3324, Fort Smith, 72913-3324, 452-6712.
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Title Annotation:Public company corporate reports
Publication:Arkansas Business
Article Type:company profile
Date:Aug 12, 1991
Words:210
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