Pennant Group Q1 2024: revenue $156.9M (+24%), adj EPS $0.20, net income up 165%

Pennant Group, Inc.

2024-Q1 EPS reported $0.16 revenue$156,915,000

GAAP EPS $0.16, adjusted EPS $0.20; adjusted net income $6.0M up 55% YoY.
Total revenue $156.9M (+24.1% YoY); net income $4.9M (+165.2% YoY).
Home Health & Hospice segment revenue $116.5M (+27.9%); adj EBITDA $17.9M (+35.7%).
Senior Living revenue $40.4M (+14.2%); avg occupancy 78.5% (+40 bps); rev/occ room $4,667 (+8.5%).
Home health admissions +34.3%; hospice avg daily census +21.4% vs prior year quarter.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Pennant Group, Inc. reported preliminary financial results for the first quarter ended March 31, 2024.

Period: the first quarter ended March 31, 2024
Result: preliminary results

Exact text from the filing

On May 6, 2024 The Pennant Group, Inc. (the “Company” ) issued a press release reporting the financial results of the Company for its first quarter ended March 31, 2024.

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Pennant Group, Inc. filing history →

Source: SEC EDGAR

accession 0001766400-24-000055

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