Ensign Group: Q3 Earnings Snapshot
SAN JUAN CAPISTRANO, Calif. (AP) — SAN JUAN CAPISTRANO, Calif. (AP) — The Ensign Group Inc. (ENSG) on Wednesday reported third-quarter profit of $63.9 million.
The San Juan Capistrano, California-based company said it had profit of $1.11 per share. Earnings, adjusted for one-time gains and costs, came to $1.20 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.
The provider of nursing and rehabilitative care services posted revenue of $940.8 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $939 million.
Ensign Group expects full-year earnings to be $4.73 to $4.79 per share, with revenue in the range of $3.72 billion to $3.73 billion.
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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
