earnings
confidence high
sentiment positive
materiality 0.65
Pennant Group Q1 2022: GAAP EPS $0.03, adj. EPS $0.11; revenue $113.9M (+7.8% YoY)
Pennant Group, Inc.
2022-Q1 EPS reported
$0.03
revenue$113,910,000
- Net income $1.0M; adjusted EBITDA $6.1M; adjusted EBITDAR $15.2M.
- Home Health & Hospice revenue $80.5M (+7.9% YoY); Senior Living revenue $33.4M (+7.7% YoY).
- Home health admissions +11.9% YoY; hospice admissions +11.8% YoY; senior living occupancy 72.6%.
- Reaffirmed FY 2022 guidance: revenue $450M-$460M, adjusted EPS $0.60-$0.72.
- Closed transfer of 5 senior living communities to Ensign affiliates; acquired 1 home health agency in Montana.