Ensign Group Analysts Increase Their Forecasts After Q3 Results
Portfolio Pulse from Avi Kapoor
Ensign Group (NASDAQ:ENSG) reported Q3 earnings that missed EPS estimates but beat revenue expectations. The company narrowed its FY24 EPS guidance and raised its revenue forecast. Analysts have adjusted their price targets upwards following the earnings announcement.
October 28, 2024 | 3:14 pm
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Ensign Group's Q3 earnings missed EPS estimates but exceeded revenue expectations. The company narrowed its FY24 EPS guidance and raised its revenue forecast. Analysts have increased their price targets, indicating a positive outlook.
Despite missing EPS estimates, Ensign Group beat revenue expectations and provided a positive FY24 revenue forecast. Analysts raised their price targets, suggesting confidence in the company's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100