The Ensign Group Reports Third Quarter 2018 Results

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Go back to The Ensign Group Reports Third Quarter 2018 Results

The Ensign Group (ENSG) Tops Q3 EPS by 1c, Revenues Beat; Lifts FY18 EPS Outlook

October 31, 2018 4:30 PM EDT

The Ensign Group (NASDAQ: ENSG) reported Q3 EPS of $0.46, $0.01 better than the analyst estimate of $0.45. Revenue for the quarter came in at $514.36 million versus the consensus estimate of $507.47 million.

GAAP earnings per share for the quarter was up 40.7% over the prior year quarter to $0.38 per diluted share, and adjusted earnings per share was up 27.8% over the prior year quarter to a record $0.46 per diluted share(1)(2);Consolidated GAAP Net Income for the quarter was $20.9 million, an increase of 46.8% over the prior year quarter, and consolidated adjusted Net Income was $25.0 million, an increase of... More