Ensign Group Shares Plunge 12% Despite Q4 Earnings Beat

Shares of The Ensign Group, Inc. (ENSG) lost 12% since it reported fourth-quarter 2024 results on Feb. 5, 2025. Despite an earnings beat, the quarterly results were hurt by an elevated expense level due to higher cost of services and rent-cost of services. Nevertheless, the downside was partly offset by improved occupancy rates, higher patient days and higher skilled service revenues. See the Zacks Earnings Calendar to stay ahead of market-making news.ENSG reported fourth-quarter 2024 adjusted earnings per ...