earnings
confidence high
sentiment positive
materiality 0.75
Pennant Group Q2 GAAP EPS $0.09, adjusted $0.17; revenue $110.3M (+19% YoY)
Pennant Group, Inc.
2021-Q2 EPS reported
$0.12
revenue$216,008,000
- Total revenue $110.3M, up 19.0% YoY; Home Health & Hospice segment revenue $78.1M (+34.7%).
- Home health admissions up 91.5% YoY; hospice average daily census up 16.0%.
- Senior Living segment revenue $32.2M (up sequentially); occupancy 72.7%, +60 bps from Q1.
- Adjusted EBITDA $8.6M; net debt-to-adjusted EBITDA ratio 1.10x; strong liquidity with $106.2M revolver.
- Acquired two home health, two home care agencies in Colorado, one home health in Texas, one hospice in California.