Ensign Group shares are trading lower after the company reported worse-than-expected Q3 adjusted EPS results and narrowed its FY24 EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Ensign Group's shares declined following a disappointing Q3 adjusted EPS report and a narrowed FY24 EPS guidance.
October 24, 2024 | 8:35 pm
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NEGATIVE IMPACT
Ensign Group's shares are trading lower due to a Q3 adjusted EPS miss and a narrowed FY24 EPS guidance.
The company's Q3 adjusted EPS results were worse than expected, which typically leads to a negative market reaction. Additionally, narrowing the FY24 EPS guidance suggests potential challenges ahead, further contributing to the stock's decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100