earnings
confidence high
sentiment positive
materiality 0.75
Ensign Group Q1 EPS $1.19 adjusted $1.30; revenue $1.01B (+13.9% YoY); reaffirms FY guidance
ENSIGN GROUP, INC
2024-Q1 EPS reported
$1.19
revenue$1,010,172,000
- GAAP diluted EPS $1.19 (+13.3% YoY); adjusted EPS $1.30 (+15.0% YoY); net income $68.8M (+15.0%).
- Revenue $1.01B (+13.9% YoY); skilled services revenue $969.6M with segment income $126.8M.
- Same-facility occupancy 81.0% (up 2.7% YoY), surpassing pre-pandemic levels.
- Standard Bearer FFO $14.1M (+6.8% YoY) on revenue $22.2M.
- Reaffirmed FY2024 guidance: EPS $5.29-$5.47, revenue $4.13B-$4.17B; added 13 operations and 6 real estate assets.