earnings
confidence high
sentiment positive
materiality 0.80
Ensign Group Q1 EPS $1.05, revenue $886.8M; raises FY2023 guidance
ENSIGN GROUP, INC
2023-Q1 EPS reported
$1.05
revenue$886,841,000
- GAAP diluted EPS of $1.05, up 18.0% YoY; adjusted EPS of $1.13, up 14.1% YoY.
- Revenue of $886.8M, up 24.3% YoY; same-store occupancy rose to 78.8% from 74.6% YoY.
- FY2023 EPS guidance raised to $4.64–$4.77 (midpoint $4.705), up from $4.60–$4.74.
- Revenue guidance raised to $3.68B–$3.73B from $3.55B–$3.62B.
- Added 19 new operations in Q1; now 42 new operations in trailing 12 months with 4,640 beds.