Manor Care Inc.Manor Care Inc. said yesterday that its...

EARNINGS

December 15, 1992

Manor Care Inc.

Manor Care Inc. said yesterday that its profits rose 41 percent during its second fiscal quarter ended Nov. 30.

This Silver Spring-based health care and lodging firm said lodging revenues rose 14 percent as conditions improved for the hotel industry in general. Health care revenues rose 12 percent, which the company attributed partly to improved performance of its nursing homes.

The company said profits were also helped by the early retirement in May of $60 million in high-cost debt. The company issued $150 million in bonds last month, which it plans to use to retire $125 million of more expensive debt in January.

Three months ended 11/30/92

......Revenue... .... .... Net.... .... .... Share

'92..$253,680,000 ... .... 17,276,000... .. 0.30

'91..226,067,000 ... .... 12,259,000... .. 0.21

% change +12.20 ... ... ...+40.9... ... ... +42.9

Six months ended 11/30/92

......Revenue... .... .... Net.... .... .... Share

'92 ..499,107,000... .... 33,234,000... .. 0.58

'91 ..451,335,000... .... 22,767,000... .. 0.40

% change +10.6 ... ... ... +46.0... ... ... +45.0

BioWhittaker Inc.

BioWhittaker Inc. of Walkersville reported earnings yesterday of $13 million, or 9 cents a share, below analysts' expectations of 12 cents a share for the fourth fiscal quarter.

The biotech company said many factors affected the earnings, including a decline in sales of diagnostic product line, which includes test kits for allergies and infectious diseases.

BioWhittaker was a subsidiary of Whittaker Corp. through the fourth quarter of 1991. The company estimated that if it had been independent, it would have reported earnings of $1.27 million, or 12 cents a share, in last year's fourth quarter.

Three months ended 10/31/92

......Revenue... .... .... Net.... .... .... Share

'92 ..$13,009,000.... .... 1,004,000... ....0.09

'91 ..12,331,000.... .... 1,348,000... .... NA

% change +5.4... ... ... .. -25.5... ... ... NA

Year ended 10/31/92

......Revenue... .... .... Net.... .... .... Share

'92 ..51,559,000.... .... 4,663,000... ... 0.42

'91 ..41,436,000.... .... 4,116,000... .... NA

% change +24.4 ... ... ....+13.2... ... ... . NA

* Figures for 1991 reflect BioWhittaker as a wholly owned subsidiary of Whittaker Corp. through the fourth quarter of 1991.

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