Ensign Group Q4 2024 Earnings Report
Key Takeaways
Ensign Group announced its Q4 2024 results, featuring a 15.5% increase in consolidated revenue to $1.13 billion and a significant rise in GAAP net income, up 267.4% to $79.7 million. Adjusted EPS reached $1.49, reflecting a 16.4% increase. The company also issued its 2025 earnings guidance, projecting revenue between $4.83 billion and $4.91 billion, and EPS between $6.16 and $6.34.
Consolidated revenue increased by 15.5% to $1.13 billion compared to Q4 2023.
GAAP net income surged by 267.4% to $79.7 million compared to Q4 2023.
Adjusted EPS increased by 16.4% to $1.49 compared to Q4 2023.
The company issued 2025 earnings guidance with projected revenue of $4.83 billion to $4.91 billion and EPS of $6.16 to $6.34.
Ensign Group
Ensign Group
Ensign Group Revenue by Segment
Forward Guidance
The company issued its annual 2025 earnings guidance of $6.16 to $6.34 per diluted share and annual revenue guidance of $4.83 billion to $4.91 billion. The midpoint of this 2025 earnings guidance represents an increase of 13.8% over our 2024 results and is 31.0% higher than our 2023 results.
Positive Outlook
- Projected revenue between $4.83 billion and $4.91 billion.
- Projected diluted earnings per share between $6.16 and $6.34.
- Midpoint of EPS guidance represents a 13.8% increase over 2024 results.
- Midpoint of EPS guidance is 31.0% higher than 2023 results.
- Company anticipates current rate of acquisitions to continue this year.
Challenges Ahead
- Guidance assumes normalized health insurance costs.
- Guidance assumes management's current expectations regarding reimbursement rates.
- Guidance excludes charges that arise outside the normal course of business.
- Guidance excludes acquisition-related costs.
- Guidance excludes share-based compensation.