earnings
confidence high
sentiment positive
materiality 0.75
Ensign Group Q1 GAAP EPS $0.89, adj. EPS $0.99; revenue up 13.5% to $713.4M; reaffirms FY guidance
ENSIGN GROUP, INC
2022-Q1 EPS reported
$0.89
revenue$713,445,000
- GAAP diluted EPS $0.89 (+3.5% YoY); adjusted diluted EPS $0.99 (+13.8% YoY).
- Consolidated revenue $713.4M (+13.5% YoY); skilled services revenue $686.8M (+14.3%).
- Same-store occupancy up 2.9% YoY; transitioning occupancy up 6.2%; skilled mix 34.3%.
- Reaffirms FY2022 EPS guidance $4.01-$4.13 and revenue $2.93B-$2.98B.
- New captive REIT Standard Bearer added two assets in Q1; cash $248.5M; credit line expanded to $600M.