Welcome to our dedicated page for Pennant Group news (Ticker: PNTG), a resource for investors and traders seeking the latest updates and insights on Pennant Group stock.
The Pennant Group, Inc. (NASDAQ: PNTG) news page on Stock Titan focuses on updates about its home health, hospice, home care and senior living operations across multiple U.S. states. Pennant describes itself as a holding company for independent operating subsidiaries, and its news flow reflects activity at both the corporate and operating levels.
Investors following PNTG can find earnings announcements where the company reports GAAP and adjusted earnings per share, segment revenue and non-GAAP measures such as adjusted EBITDAR and adjusted EBITDA. These releases also highlight operational metrics, including home health admissions, Medicare home health admissions, hospice average daily census, senior living occupancy and average monthly revenue per occupied room.
Corporate development is another key theme in Pennant’s news. The company has issued press releases describing acquisitions of home health, hospice, personal care and outpatient therapy operations, as well as senior living communities. Examples include the purchase of Healing Hearts Home Health and Healing Hearts Outpatient Therapy in Wyoming, acquisitions of senior living communities in Idaho and Wisconsin, and a large transaction with UnitedHealth Group and Amedisys involving home health, hospice and personal care locations in Tennessee, Georgia and Alabama.
Capital structure and financing developments also appear in PNTG news, such as announcements about amendments to its credit facility and the addition of an incremental term loan. In addition, Pennant publishes notices about participation in healthcare and investment conferences, along with details of webcasts for quarterly earnings calls.
By reviewing PNTG news, readers can track how Pennant’s acquisition activity, segment performance, geographic expansion and financing arrangements evolve over time. This page brings together company-issued press releases and related disclosures in one place for convenient reference.
The Pennant Group, Inc. (NASDAQ: PNTG) announced its participation in two virtual investor conferences. CEO Daniel Walker and CFO Jennifer Freeman will attend the Bank of America Merrill Lynch Global Healthcare Conference on May 14, 2020, at 1:40 p.m. ET. Additionally, CFO Freeman, COO John Gochnour, and President Brent Geurisoli will engage in a fireside chat at the RBC Capital Markets Global Healthcare Virtual Conference on May 20, 2020, at 3:05 p.m. ET. Interested parties can access a live webcast and audio archive on the company's Investor Relations page.
The Pennant Group, Inc. (NASDAQ: PNTG) announced it will report its first quarter 2020 financial results on May 13, 2020. A live webcast will follow on May 14 at 10:00 a.m. Mountain Time, where management will discuss the financial outcomes. The company operates 65 home health and hospice agencies along with 53 senior living communities across several states, including California, Texas, and Wisconsin, although each agency is managed independently. For more details, visit the Investor Relations section on their website.