SAN JUAN CAPISTRANO, Calif. (AP) — SAN JUAN CAPISTRANO, Calif. (AP) — The Ensign Group Inc. (ENSG) on Thursday reported third-quarter net income of $78.4 million.
On a per-share basis, the San Juan Capistrano, California-based company said it had profit of $1.34. Earnings, adjusted for one-time gains and costs, were $1.39 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
The provider of nursing and rehabilitative care services posted revenue of $1.08 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.06 billion.
Ensign Group expects full-year earnings to be $5.46 to $5.52 per share, with revenue in the range of $4.25 billion to $4.26 billion.
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