Candorium Free Members
Join Candorium to access the full article and more
Free Member Benefits:
✔
Comment & Reply✔
Newsletter Access✔
Follow Authors✔
Share via SMS Go Back
Ensign Group: Q1 Earnings Snapshot
By AP News - Apr 26, 2023, 04:36 PM ET
Last Updated - May 03, 2024, 09:25 AM EDT
Ensign Group Inc. (ENSG) on Wednesday reported first-quarter profit of $59.9 million. The San Juan Capistrano, California-based company said it had net income of $1.05 per share. Earnings, adjusted for one-time gains and costs, came to $1.13 per share. The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share. The provider of nursing and rehabilitative care services posted revenue of $886.8 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $846.5 million. Ensign Group expects full-year earnings to be $4.64 to $4.77 per share, with revenue in the range of $3.68 billion to $3.73 billion
SAN JUAN CAPISTRANO, Calif. (AP) — SAN JUAN CAPISTRANO, Calif. (AP) — The Ensign Group Inc. (ENSG) on Wednesday reported first-quarter profit of $59.9 million.
The San Juan Capistrano, California-based company said it had net income of $1.05 per share. Earnings, adjusted for one-time gains and costs, came to $1.13 per share.
Sponsored
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The provider of nursing and rehabilitative care services posted revenue of $886.8 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $846.5 million.
Ensign Group expects full-year earnings to be $4.64 to $4.77 per share, with revenue in the range of $3.68 billion to $3.73 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a ENSG">Zacks stock report on ENSG at https://www.zacks.com/ap/ENSG
Sponsored
Read More from Investing
Popular News
Latest News
