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Pennant Group Inc (PNTG)
:PNTG
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.24Last Year’s EPS
0.2Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -8.14%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call for The Pennant Group highlighted strong financial performance and growth across all segments, supported by successful acquisitions and partnerships. Despite minor challenges in hospice revenue, the company's outlook remains positive with planned expansions and robust financial health.Company Guidance
During the Pennant Group's fourth quarter 2024 earnings call, the company provided guidance for 2025, projecting full-year revenue between $800 million and $865 million, and an adjusted earnings per share in the range of $1.03 to $1.11. This guidance reflects an anticipated 13.8% growth over the 2024 adjusted earnings and 46.6% growth over 2023 results. The company expects a continuous ramp-up throughout the year, particularly as they transition newly acquired operations. Additionally, they forecast adjusted EBITDA between $63.1 million and $68.2 million. The guidance is based on the momentum of their home health and hospice segments, the readiness of local leaders to drive growth, and the potential to unlock value in existing operations. The company noted that their guidance excludes unannounced acquisitions and startup operations but assumes level interest rates and inflation consistent with 2024.Record-Breaking Performance
Pennant Group concluded a year of record-breaking performance with Q4 adjusted earnings per share of $0.24 and a full year 2024 adjusted EPS of $0.94, exceeding guidance.
Significant Revenue and EBITDA Growth
Full year consolidated revenue increased by $150.3 million or 27.6% to $695.2 million. Adjusted EBITDA improved by $12.6 million or 30.9% over the prior year.
Successful Acquisitions and Partnerships
Major acquisitions include the $80 million purchase of Signature Healthcare at Home. Partnerships with John Muir Health and Hartford Healthcare are contributing positively.
Home Health and Hospice Segment Growth
Revenue increased by 31.7% to $519.5 million with a 34.1% rise in adjusted EBITDA. Home health admissions hit a new high, increasing by 40.9%.
Senior Living Segment Improvement
Revenue grew by 16.8% to $175.8 million, with full-year adjusted EBITDA rising by 31.9%. Occupancy increased by 30 basis points to 78.8%.
Strong Financial Position
The company maintains a healthy balance sheet with $245.8 million available on its credit line and $24.2 million in cash on hand.
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PNTG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PNTG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $25.54 | $22.77 | -10.85% |
| Nov 06, 2024 | $33.12 | $32.00 | -3.38% |
| Aug 06, 2024 | $28.60 | $28.07 | -1.85% |
| May 06, 2024 | $21.57 | $20.91 | -3.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Pennant Group Inc (PNTG) report earnings?
Pennant Group Inc (PNTG) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Pennant Group Inc (PNTG) earnings time?
Pennant Group Inc (PNTG) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PNTG EPS forecast?
PNTG EPS forecast for the fiscal quarter 2025 (Q1) is 0.24.
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