Pennant Q2 revenue up 27.6% to $168.7M; EPS $0.18, adj. EPS $0.24

Pennant Group, Inc.

2024-Q2 EPS reported $0.35 revenue$325,660,000

GAAP diluted EPS $0.18; adjusted diluted EPS $0.24. Net income $5.7M (+103.4% YoY).
Home Health & Hospice revenue $125.3M (+31.9% YoY); admissions +35.4%, hospice census +29.1%.
Senior Living revenue $43.4M (+16.6%); occupancy 78.8% (+80 bps); RevPAR $4,790 (+8.6%).
Adjusted EBITDA $13.2M (+30.6%); Segment EBITDAR $23.5M (+20.5%).
Management updated annual guidance citing strong momentum and accretive acquisitions.

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