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Ensign Group: 1Q Earnings Snapshot

SAN JUAN CAPISTRANO, Calif. (AP) _ The Ensign Group Inc. (ENSG) on Monday reported first-quarter net income of $40.8 million.

On a per-share basis, the San Juan Capistrano, California-based company said it had profit of 73 cents. Earnings, adjusted for one-time gains and costs, were 77 cents per share.

The provider of nursing and rehabilitative care services posted revenue of $589.6 million in the period.

Ensign Group expects full-year earnings to be $2.50 to $2.58 per share, with revenue in the range of $2.42 billion to $2.45 billion.

Ensign Group shares have dropped 15% since the beginning of the year. In the final minutes of trading on Monday, shares hit $38.59, a decline of 26% 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