Core Insights - The Ensign Group, Inc. (ENSG) reported a fourth-quarter 2025 adjusted EPS of $1.82, exceeding the Zacks Consensus Estimate by 4%, with a year-over-year improvement of 19.5% [1][8] - Operating revenues increased by 20.2% year over year to $1.36 billion, although this figure fell short of the consensus estimate by 0.5% [1][8] - The strong earnings performance was driven by improved occupancy rates, higher patient days, and enhanced skilled service performance, despite being partially offset by increased expenses [1] Financial Performance - Adjusted net income for the quarter was $107.8 million, reflecting a 23.2% year-over-year increase [2] - Same-facilities occupancy rose by 240 basis points to 83.8%, while transitioning-facilities occupancy increased by 290 basis points year over year to 84.9% [2] - Total expenses grew by 19.9% year over year to $1.24 billion, primarily due to higher costs of services, rent, and general & administrative expenses, but were lower than the estimated $1.25 billion [2] Segment Performance - Skilled Services segment revenues reached $1.3 billion in Q4, a 20.2% year-over-year growth, although it missed estimates by 1.5% [3] - Segment income for Skilled Services increased to $169.3 million from $141 million a year ago [3] - Rental revenues surged by 37.2% year over year to $34.5 million, supported by buyouts, with segment income rising 38.3% year over year to $10.3 million [4] Financial Position - As of December 31, 2025, cash and cash equivalents stood at $503.9 million, up from $464.6 million at the end of 2024 [5] - Total assets increased to $5.5 billion from $4.7 billion at the end of 2024 [5] - Long-term debt, excluding current maturities, decreased to $137.5 million from $141.6 million as of December 31, 2024 [6] 2026 Outlook - Revenues for 2026 are projected to be between $5.77 billion and $5.84 billion, an increase from the 2025 level of $5.06 billion, which grew 18.7% year over year [7] - Adjusted EPS is expected to be in the range of $7.41 to $7.61 for 2026, higher than the 2025 level of $6.57, which grew 19.5% year over year [7] - The estimated weighted average common shares outstanding is around 60 million, with a tax rate expected at 25% [7]

Core Insights - The Ensign Group, Inc. (ENSG) reported a 2.2% decline in shares following its third-quarter 2025 results, despite beating earnings expectations due to elevated expenses from higher service costs and administrative expenses [1][9] - Adjusted EPS for Q3 2025 was $1.64, exceeding the Zacks Consensus Estimate by 3.1%, and reflecting an 18% year-over-year improvement [2][11] - Operating revenues increased by 19.8% year over year to $1.3 billion, surpassing consensus estimates by 2.5% [2][9] Financial Performance - Adjusted net income for Q3 2025 was $96.5 million, an 18.9% increase year over year [3] - Total expenses rose by 20.9% year over year to $1.2 billion, exceeding estimates by 3.6% [3][9] - Cash and cash equivalents at the end of Q3 2025 were $443.7 million, a 4.5% decrease from the end of 2024 [6] - Total assets increased by 11.9% year over year to $5.2 billion [6] Segment Performance - Skilled Services segment revenues reached $1.2 billion, growing 19.9% year over year, driven by higher occupancy rates and patient days [4] - Rental revenues increased by 33.5% year over year to $32.6 million, supported by buyouts [5] Capital Deployment - The company did not engage in share buybacks during Q3 2025, but paid dividends totaling $10.8 million in the first nine months of 2025 [10] Outlook - The revenue forecast for 2025 has been raised to between $5.05 billion and $5.07 billion, indicating an 18.8% improvement from 2024 [11] - Adjusted EPS is projected to be between $6.48 and $6.54 for 2025, reflecting an 18.4% growth from the previous year [11]

Core Insights - Ensign Group (ENSG) reported revenue of $1.17 billion for Q1 2025, marking a year-over-year increase of 16.1% and a slight surprise of +0.23% over the Zacks Consensus Estimate [1] - The earnings per share (EPS) for the same quarter was $1.52, compared to $1.30 a year ago, resulting in an EPS surprise of +1.33% against the consensus estimate of $1.50 [1] Financial Performance Metrics - Actual patient days were reported at 2,538,135, slightly below the average estimate of 2,554,506 from two analysts [4] - Rental revenue was $6 million, compared to the average estimate of $6.60 million from two analysts [4] - Skilled services revenue was reported at $1.12 billion, matching the average estimate from two analysts [4] - Total service revenue was $1.17 billion, slightly above the average estimate of $1.16 billion from two analysts [4] Stock Performance - Ensign Group's shares have returned -1.8% over the past month, while the Zacks S&P 500 composite has seen a -0.8% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance against the broader market in the near term [3]