Sign Up

Earnings Outlook For Ensign Group

Ensign Group (NASDAQ:ENSG) is gearing up to announce its quarterly earnings on Thursday, 2024-10-24. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Ensign Group will report an earnings per share (EPS) of $1.36.

Ensign Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings History Snapshot

Last quarter the company beat EPS by $0.02, which was followed by a 4.87% increase in the share price the next day.

Here's a look at Ensign Group's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.30

1.28

1.27

1.19

EPS Actual

1.32

1.30

1.28

1.20

Price Change %

5.0%

-2.0%

5.0%

0.0%

Performance of Ensign Group Shares

Shares of Ensign Group were trading at $148.79 as of October 22. Over the last 52-week period, shares are up 55.35%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on Ensign Group

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Ensign Group.

Ensign Group has received a total of 3 ratings from analysts, with the consensus rating as Outperform. ...