Welcome to our dedicated page for Ensign Group news (Ticker: ENSG), a resource for investors and traders seeking the latest updates and insights on Ensign Group stock.
The Ensign Group, Inc. (ENSG) operates through subsidiaries that provide skilled nursing, senior living, physical, occupational and speech therapy, other rehabilitative and healthcare services, and healthcare real estate. Its business includes skilled services operations and real estate held through Standard Bearer Healthcare REIT, Ensign’s captive real estate company.
Recurring Ensign news covers facility and real estate acquisitions, expansions of affiliated healthcare operations, long-term lease arrangements, operating and financial results, dividend declarations, capital-structure updates, governance matters, and healthcare regulatory disclosures. Company updates frequently connect operating growth with skilled nursing facilities, senior living communities, rehabilitation services, and Standard Bearer real estate assets.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
The Ensign Group, Inc. (NASDAQ: ENSG) announced its Q1 2023 financial results, showcasing strong growth. GAAP diluted earnings per share rose to $1.05, an 18.0% increase from the previous year, while adjusted EPS climbed 14.1% to $1.13. Consolidated revenues reached $886.8 million, a 24.3% year-over-year growth. Total revenue from skilled services stood at $850.9 million, marking a 23.9% increase. The company's occupancy rates improved, with same-store occupancy at 78.8%. Ensign's annual earnings guidance is now projected between $4.64 and $4.77 per diluted share, while revenue guidance increased to $3.68 billion to $3.73 billion. Additionally, Ensign successfully acquired 19 new operations during the quarter, enhancing its portfolio significantly.