Ensign Group's Q3: Strong Revenue, Growth & Expansion
Update: 2025-11-10
Description
The Ensign Group reported robust third-quarter results, with revenue surpassing estimates by nearly 2% at $1.3 billion. This growth was driven by increased patients and improved clinical outcomes, thanks to their local, decentralized approach. Adjusted earnings before interest, taxes, depreciation, and amortization also exceeded expectations. Despite slightly lower GAAP earnings per share, the company raised its full-year revenue guidance to $5.06 billion. CEO Barry Port emphasized clinical performance as their main differentiator, with facilities outperforming competitors and achieving record occupancy rates. The successful integration of new acquisitions in California and Utah expanded their services and reach. The company plans to focus on increasing occupancy, integrating new facilities, improving labor efficiency, and expanding value-added services like behavioral health for long-term growth.
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