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Earnings Snapshot: Ensign Group reports $60.5 million Q4 profit
By AP News - Feb 02, 2023, 05:18 PM ET
Last Updated - Jun 22, 2023, 11:28 PM EDT
The San Juan Capistrano, California-based Ensign Group said the profit was $1.06 per share
SAN JUAN CAPISTRANO, Calif. (AP) _ The Ensign Group Inc. (ENSG) on Thursday reported a fourth-quarter profit of $60.5 million.
On a per-share basis, the San Juan Capistrano, California-based company said it had a profit of $1.06. Earnings, adjusted for one-time gains and costs, were $1.10 per share.
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The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of $1.10 per share.
The provider of nursing and rehabilitative care services posted revenue of $809.5 million in the period, which topped Street forecasts. Four analysts surveyed by Zacks expected $799.8 million.
For the year, the company reported a profit of $224.7 million, or $3.95 per share. Revenue was reported as $3.03 billion.
Ensign Group expects full-year earnings to be $4.60 to $4.74 per share, with revenue in the range of $3.55 billion to $3.62 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENSG at https://www.zacks.com/ap/ENSG
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