Core Viewpoint - The Pennant Group, Inc. has acquired three senior living facilities in Idaho and Texas, enhancing its national footprint and commitment to quality care for seniors [1][2][3] Group 1: Acquisition Details - The acquisition includes one facility in Idaho under a triple net lease with an option to purchase, and two facilities in Texas under long-term triple net leases [1] - The acquisitions add 188 units to Pennant's operations, which include both assisted living and memory care services [2] Group 2: Strategic Importance - These acquisitions are part of Pennant's strategy to meet the increasing demand for senior living services and to provide personalized, high-quality care [2] - The CEO emphasized the importance of these facilities in expanding operations in key markets and creating vibrant communities for seniors [3] Group 3: Company Overview - The Pennant Group operates through independent subsidiaries providing healthcare services across multiple states, including Arizona, California, and Texas [4]

Core Insights - The Pennant Group, Inc. has acquired three senior living facilities in Idaho and Texas, effective February 1, 2025, enhancing its operational footprint and service offerings [1][2][3] Group 1: Acquisition Details - The acquisition includes one facility in Idaho under a triple net lease with an option to purchase, and two facilities in Texas under long-term triple net leases [1] - The transactions add 188 units to Pennant's operations, which include both assisted living and memory care services [2] Group 2: Strategic Commitment - These acquisitions reflect Pennant's commitment to expanding its national presence and improving the quality of care for senior residents [2][3] - The company aims to meet the increasing demand for senior living services, reinforcing its mission to provide personalized, high-quality care [2] Group 3: Leadership Statements - CEO Brent Guerisoli emphasized that these acquisitions are a significant step in expanding operations in key markets [3] - Andrew Rider, President of Pinnacle Senior Living LLC, highlighted the focus on long-term growth and exceptional care for residents in the newly acquired facilities [3]

EAGLE, Idaho, Jan. 02, 2025 (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 that it has closed on the purchase of certain Oregon assets of Signature Healthcare at Home (“Signature”). Pennant completed its purchase of Signature’s Idaho and Washington assets on August 1, 2024 and its purchase of certain of Signature’s Oregon assets on January 1, 2025, thus concluding the full tw ...

EAGLE, Idaho, Jan. 02, 2025 (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 the appointment of Brent Guerisoli as Chairman of its board of directors and Scott Lamb as Lead Independent Director of its board of directors, each effective January 1, 2025. Mr. Guerisoli and Mr. Lamb are existing directors of the Company. Mr. Guerisoli has served on Pennant’s board since 2023. He ha ...

EAGLE, Idaho, Nov. 11, 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, announced today that it will participate in the upcoming 2024 Stephens Annual Investment Conference on November 19-20, 2024. Brent Guerisoli, Chief Executive Officer, Lynette Walbom, Chief Financial Officer, and John Gochnour, President and Chief Operating Officer, will participate in a fireside chat on November 19, 20 ...

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 ...

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 ...

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, ...

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 ...

Core Viewpoint - The Pennant Group, Inc. is set to release its third quarter 2024 financial results on November 6, 2024, followed by a live webcast on November 7, 2024, to discuss these results [1]. Group 1: Company Overview - The Pennant Group, Inc. operates as a holding company for independent subsidiaries providing healthcare services through 122 home health and hospice agencies and 54 senior living communities across various states including Arizona, California, and Texas [2]. - Each operating subsidiary is managed independently, with its own management, employees, and assets [2]. Group 2: Investor Relations - Investors can access the live webcast on November 7, 2024, at 10:00 a.m. Mountain Time, where management will discuss the third quarter results [1]. - The webcast will be available for replay on the company's website until November 6, 2025 [1].