earnings
confidence high
sentiment positive
materiality 0.85
Ensign Group Q3 EPS $1.34 (adj. $1.39), revenue $1.08B +15%, raises FY24 guidance
ENSIGN GROUP, INC
2024-Q3 EPS reported
$3.76
revenue$3,128,233,000
- GAAP net income $78.4M (+22.8%); adjusted net income $81.1M (+17.7%). GAAP diluted EPS $1.34, adjusted $1.39.
- Same-facility occupancy rose to 81.7% (+2.8% YoY); skilled days +6.1% YoY; managed care revenue +11.2% YoY.
- FY24 EPS guidance raised to $5.46-$5.52 from $5.38-$5.50; revenue guidance raised to $4.25B-$4.26B from $4.20B-$4.22B.
- Added 12 new operations in Q3 (27 YTD); cash on hand $532.1M, $572.1M available under line of credit.