Pennant Gr Q2 2024 Adj. EPS $0.24 Beats $0.21 Estimate, Sales $168.745M Beat $156.747M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pennant Group (NASDAQ:PNTG) reported Q2 2024 adjusted EPS of $0.24, beating the estimate of $0.21. Sales were $168.745M, surpassing the $156.747M estimate and showing a 27.57% increase from the same period last year.
August 06, 2024 | 8:42 pm
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Pennant Group (NASDAQ:PNTG) reported Q2 2024 adjusted EPS of $0.24, beating the estimate of $0.21 by 14.29%. Sales were $168.745M, surpassing the $156.747M estimate and showing a 27.57% increase from the same period last year.
Pennant Group's strong earnings and revenue performance, significantly beating analyst estimates, is likely to positively impact its stock price in the short term. The 27.57% year-over-year increase in sales further underscores the company's growth momentum.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100