Ensign Group: 3Q Earnings Snapshot

October 30, 2019

SAN JUAN CAPISTRANO, Calif. (AP) _ The Ensign Group Inc. (ENSG) on Wednesday reported third-quarter profit of $27.2 million.

On a per-share basis, the San Juan Capistrano, California-based company said it had net income of 48 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 55 cents per share.

The provider of nursing and rehabilitative care services posted revenue of $600.5 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $599.6 million.

Ensign Group expects full-year earnings to be $2.15 to $2.21 per share, with revenue in the range of $2.27 billion to $2.3 billion.

Ensign Group shares have climbed almost 8% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $41.86, a rise of 12% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENSG at https://www.zacks.com/ap/ENSG