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Ensign Group Q1 Adjusted Earnings, Revenue Rise; 2024 Outlook Affirmed
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Ensign Group Q1 Adjusted Earnings, Revenue Rise; 2024 Outlook Affirmed
May 2, 2024 1:26 AM

04:02 AM EDT, 05/02/2024 (MT Newswires) -- The Ensign Group ( ENSG ) reported Q1 adjusted earnings late Wednesday of $1.30 per diluted share, up from $1.13 a year earlier.

Analysts polled by Capital IQ expected $1.28.

Revenue for the quarter ended March 31 was $1.01 billion, up from $886.8 million a year earlier.

Analysts surveyed by Capital IQ expected $999.5 million.

For 2024, the assisted care living center company affirmed its previous earnings guidance of $5.29 to $5.47 per diluted share on revenue of $4.13 billion to $4.17 billion. Analysts polled by Capital expect adjusted earnings of $5.39 per share on revenue of $4.15 billion.

Price: 120.00, Change: +0.55, Percent Change: +0.46

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