Ensign Group: Fourth Quarter Earnings Overview

Ensign Group Announces Fourth-Quarter Financial Results

Ensign Group Inc., based in San Juan Capistrano, California, revealed its financial performance for the fourth quarter, reporting a net income of $95.5 million.

The company achieved earnings of $1.61 per share. After accounting for special items, adjusted earnings reached $1.82 per share.

These adjusted results surpassed analysts’ expectations, as the consensus from three Zacks Investment Research analysts predicted earnings of $1.75 per share.

Ensign Group, which specializes in nursing and rehabilitation services, generated $1.36 billion in revenue during the quarter. This figure was slightly below the $1.37 billion anticipated by analysts surveyed by Zacks.

For the entire year, Ensign Group reported a total profit of $344 million, translating to $5.84 per share, with annual revenue totaling $5.06 billion.

Looking ahead, the company forecasts full-year earnings to range from $7.41 to $7.61 per share, with projected revenue between $5.77 billion and $5.84 billion.

This article was produced using data from Zacks Investment Research and Automated Insights.