Ensign Group (ENSG) Q2 Earnings Beat on Occupancy, Stock Up 7.2%
ENSGEnsign Group(ENSG) ZACKS·2024-07-31 02:11

Shares of The Ensign Group, Inc. (ENSG) gained 7.2% since it reported second-quarter 2024 results on Jul 25, 2024. Strong quarterly results benefited from improved occupancy, skilled mix days, and higher skilled service revenues. However, declining cash flow from operations and a rise in overall expenses acted as a partial offset.ENSG reported a second-quarter 2024 adjusted earnings per share (EPS) of $1.32, which beat the Zacks Consensus Estimate by 2.3%. The bottom line increased 13.8% year over year.Oper ...