secwatch.observer — SEC 8-K summary
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Issuer:     Pennant Group, Inc. (PNTG)
CIK:        0001766400
Form:       8-K
Filed at:   2021-11-01T23:59:59+00:00
Accession:  0001766400-21-000145
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pennant pre-announces weak Q3; cuts FY2021 adj. revenue and EPS guidance
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- Preliminary Q3 adj. revenue $111.9M; net income $1.2M (diluted EPS $0.04); adj. EPS $0.11.
- Home health & hospice rev. $79.0M (+22.7% YoY); senior living rev. $32.9M (-3.2% YoY).
- Senior living occupancy 73.7%, down 3.1% YoY; home health admissions fell 8.5% QoQ.
- FY2021 guidance cut to adj. revenue $425-430M (from prior) and adj. EPS $0.53-0.57.
- Delta variant surge and labor challenges disrupted Q3 momentum; expects lingering Q4 impact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766400/000176640021000145/0001766400-21-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766400/000176640021000145/pntg-20211101.htm
  HTML page:      https://secwatch.observer/filing/0001766400-21-000145

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer