Sunrise Senior Living posts a surprise profit
Tuesday - 8/7/2012, 11:44am  ET
Sunrise Senior Living reported earnings on Thursday. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Sunrise Senior Living met
expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share improved significantly. The non-GAAP profit was a surprise, as analysts had predicted a loss.
Gross margins dropped, operating margins increased, and net margins increased.
Revenue details
Sunrise Senior
Living logged revenue of $337.7 million. The two analysts polled by S&P Capital IQ
foresaw sales of $340.3 million on the same basis. GAAP reported sales were 19%
higher than the prior-year quarter's $143.1 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at $0.07. The two earnings
estimates compiled by S&P Capital IQ anticipated -$0.01 per share. GAAP EPS of
$0.16 for Q2 were much higher than the prior-year quarter's $0.02 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin
details
For the quarter, gross margin was 38.8%, 130 basis points
worse than the prior-year quarter. Operating margin was 5.6%, 490 basis points
better than the prior-year quarter. Net margin was 5.6%, 470 basis points better
than the prior-year quarter.
Looking ahead
Next
quarter's average estimate for revenue is $342.3 million. On the bottom line, the
average EPS estimate is -$0.02.
Next year's average estimate for revenue is $1.35 billion. The average EPS estimate is -$0.05.
Investor
sentiment
The stock has a two-star rating (out of five) at Motley
Fool CAPS, with 483 members rating the stock outperform and 63 members rating it
underperform. Among 131 CAPS All-Star picks (recommendations by the highest-ranked
CAPS members), 110 give Sunrise Senior Living a green thumbs-up, and 21 give it a
red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sunrise Senior Living is buy, with an average price target of $10.00.
- Add Sunrise Senior Living to My Watchlist.
This article was originally published as Sunrise Senior Living Posts a Surprise Profiton Fool.com
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