Shares of The Ensign Group, Inc. (ENSG) rose 4.7% since it reported fourth-quarter 2023 results on Feb 1, 2024. The quarterly results benefited on the back of higher skilled service revenues, an increase in skilled mix and improved occupancies. An impressive adjusted earnings per share (EPS) guidance for 2024 may have boosted investors’ sentiment about the stock. However, the upside was partly offset by a significant rise in overall expenses. ENSG reported a fourth-quarter 2023 adjusted EPS of $1.28, which ...