Ensign Group Q3 Earnings Beat on Patient Days, Stock Up 4.1%

Shares of The Ensign Group, Inc. (ENSG) gained 4.1% since it reported third-quarter 2024 results on Oct. 24, 2024. Strong quarterly results benefited from improved occupancy and higher skilled service revenues. Higher skilled mix days due to an improvement across all payers benefited the results. However, a rise in overall expenses and declining cash flow from operations acted as a partial offset.ENSG reported a third-quarter 2024 adjusted earnings per share (EPS) of $1.39, which beat the Zacks Consensus Es ...