The Pennant (PNTG)

Search documents
The Pennant Group (PNTG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-07 02:00
The Pennant Group, Inc. (PNTG) reported $180.69 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 28.9%. EPS of $0.26 for the same period compares to $0.20 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $174.6 million, representing a surprise of +3.49%. The company delivered an EPS surprise of +13.04%, with the consensus EPS estimate being $0.23.While investors closely watch year-over-year changes in headline numbers -- revenue an ...
The Pennant Group, Inc. (PNTG) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-11-07 01:01
The Pennant Group, Inc. (PNTG) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.04%. A quarter ago, it was expected that this company would post earnings of $0.21 per share when it actually produced earnings of $0.24, delivering a surprise of 14.29%.Over the last four quarters, the ...
The Pennant (PNTG) - 2024 Q3 - Quarterly Report
2024-11-06 21:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2024. ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to . Commission file number: 001-38900 __________________________ THE PENNANT GROUP, INC. (Exact Name of Registrant as Specified in Its ...
The Pennant (PNTG) - 2024 Q3 - Quarterly Results
2024-11-06 21:14
Exhibit 99.1 Pennant Reports Third Quarter 2024 Results Third Quarter Highlights Conference Call and Webcast scheduled for tomorrow, November 7, 2024 at 10:00 am MT EAGLE, Idaho – November 6, 2024 (GLOBE NEWSWIRE) - The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the third quarter of 2024, reporting GAAP diluted earnings per share of $0.20 for the third quarter of 2024. P ...
Pennant Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-06 21:11
EAGLE, Idaho, Nov. 06, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the third quarter of 2024, reporting GAAP diluted earnings per share of $0.20 for the third quarter of 2024. Pennant also reported adjusted diluted earnings per share of $0.26 for the quarter (1). Third Quarter Highlights Total revenue for the third quarter was $180.7 million, ...
Pennant Acquires Senior Living Communities in Wisconsin
GlobeNewswire News Room· 2024-11-01 20:30
EAGLE, Idaho, Nov. 01, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, today announced that it has acquired the operations of the following premier senior living facilities in Green Bay and Appleton, Wisconsin. The acquisition is effective today, November 1, 2024, and will be subject to a long-term, triple net lease: Marla Vista Assisted Living and Manor, now to be known as Blu ...
Pennant Announces Third Quarter 2024 Earnings Release and Call
GlobeNewswire News Room· 2024-10-21 20:05
EAGLE, Idaho, Oct. 21, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its third quarter 2024 financial results on Wednesday, November 6, 2024. Pennant invites current and prospective investors to tune into a live webcast to be held the following day, Thursday, November 7, 2024, at 10:00 a.m. Mountain Time (12:00 p.m. Eastern Time), during which ...
The Pennant Group Announces Pricing of Public Offering of Common Stock
GlobeNewswire News Room· 2024-10-03 00:34
Core Viewpoint - The Pennant Group, Inc. has announced a public offering of 3,500,000 shares of common stock at a price of $31.00 per share, aiming to raise approximately $108.5 million in gross proceeds before expenses [1]. Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional 525,000 shares [1]. - The net proceeds from the offering will be used to repay outstanding debt under the revolving credit facility and for general corporate purposes [1]. - The expected closing date for the offering is around October 4, 2024, subject to customary closing conditions [1]. Group 2: Underwriters and Registration - Citigroup and Truist Securities are the lead book-running managers for the offering, with Wells Fargo Securities and RBC Capital Markets as joint book-running managers [2]. - The offering is conducted under the Company's effective shelf registration statement filed with the SEC, with a preliminary prospectus supplement filed on September 30, 2024 [2]. Group 3: Company Overview - The Pennant Group, Inc. operates as a holding company for independent subsidiaries providing healthcare services through 117 home health and hospice agencies and 54 senior living communities across multiple states [4].
Here is Why Growth Investors Should Buy The Pennant Group (PNTG) Now
ZACKS· 2024-10-02 17:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth ...
The Pennant Group Announces Public Offering of Common Stock
GlobeNewswire News Room· 2024-09-30 20:03
EAGLE, Idaho, Sept. 30, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG) (the "Company") today announced that it has commenced an underwritten public offering of 3,500,000 shares of common stock of the Company. The Company intends to grant the underwriters a 30-day option to purchase up to 525,000 additional shares of common stock. The Company expects to use the net proceeds from the offering to repay outstanding indebtedness under the Company's revolving credit facility and any remaining for ...