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.