ENSG's strong third-quarter earnings benefit from improved occupancy and skilled mix days. Higher expenses partially offset the positives.
The Ensign Group, Inc. ENSG reported worse-than-expected third-quarter adjusted EPS results and narrowed its FY24 EPS guidance, after the closing bell on Thursday.
The Ensign Group, Inc. (NASDAQ:ENSG ) Q3 2024 Results Conference Call October 25, 2024 1:00 PM ET Company Participants Chad Keetch - CIO, EVP, and Secretary Barry Port - CEO Spencer Burton - President and COO Suzanne Snapper - EVP, CFO Conference Call Participants Tao Qiu - Macquarie Ben Hendrix - RBC Capital Markets David MacDonald - Truist Scott Fidel - Stephens Operator Greetings, and welcome to the Ensign Group, Inc. Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Ensign Group (ENSG) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.20 per share a year ago.
ENSG's acquisitions in Nebraska are expected to strengthen its portfolio in the region, leading to improved skilled services revenues in the future.
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ENSG drives growth with strong segmental performance, cash flows and robust acquisitions, positioning itself as a leader in skilled healthcare services.
Ensign Group (ENSG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
The acquisition deals increase ENSG's portfolio to encompass 323 healthcare operations spanning 14 states.
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Ensign Group (ENSG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Ensign Group (ENSG) remains well-poised for growth on the back of improved skilled services revenues, higher rental revenues and adequate operating cash flows.