Ensign Group Q2 2024 Adj EPS $1.32 Beats $1.30 Estimate
Portfolio Pulse from Benzinga Newsdesk
Ensign Group (NASDAQ:ENSG) reported Q2 2024 adjusted earnings per share (EPS) of $1.32, surpassing the analyst consensus estimate of $1.30 by 1.54%. This marks a 13.79% increase from the $1.16 EPS reported in the same period last year.
July 25, 2024 | 8:12 pm
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Ensign Group (NASDAQ:ENSG) reported Q2 2024 adjusted EPS of $1.32, beating the analyst estimate of $1.30 and showing a 13.79% increase from last year. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The positive earnings surprise and significant year-over-year growth in EPS are likely to boost investor confidence. Beating analyst estimates typically results in a short-term increase in stock price as it indicates strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100