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SAN JUAN CAPISTRANO, Calif. - The Ensign Group , Inc. (NASDAQ:ENSG) reported first quarter earnings that exceeded analyst expectations and raised its full-year 2025 outlook, as the post-acute healthcare provider saw strong growth across its operations.
The company posted adjusted earnings per share of $1.52 for Q1, beating the consensus estimate of $1.49. Revenue came in at $1.17 billion, in line with analyst projections.
Ensign’s skilled services segment, which includes skilled nursing facilities, saw same facility occupancy increase 2.9% year-over-year to 82.6%. Same facility skilled mix, a measure of higher-acuity patients, rose to 33.1% from 31.7% last year.
"We are thrilled to announce another record setting quarter achieved by our local teams," said Barry Port, Ensign’s CEO. "Our results this quarter demonstrate that we’ve never been stronger, showing yet again that sound fundamentals coupled with incredible passion can forge consistency even in an ever-changing environment."
The company raised its 2025 earnings guidance to $6.22-$6.38 per share, up from its previous outlook of $6.16-$6.34. The new midpoint represents 14.5% growth over 2024 results.
Ensign also increased its 2025 revenue forecast to $4.89-$4.94 billion, citing strong Q1 performance and anticipated acquisitions in the first half of the year.
The company added 19 new operations during and since Q1, including eight real estate assets, bringing its total portfolio to 343 healthcare operations across 17 states.
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