Ensign Group Analysts Increase Their Forecasts After Q3 Results

The Ensign Group, Inc. (NASDAQ:ENSG) reported worse-than-expected third-quarter adjusted EPS results and narrowed its FY24 EPS guidance, after the closing bell on Thursday.

Ensign Group reported quarterly earnings of $1.34 per share which missed the analyst consensus estimate of $1.38 per share. The company reported quarterly sales of $1.081 billion which beat the analyst consensus estimate of $1.068 billion.

“Our local leaders continue to consistently drive outstanding clinical and financial performance and we are happy to report another record quarter,” said Barry Port, Ensign’s Chief Executive Officer. “We are particularly impressed with these results when ...