Ensign Group Shares Plunge 12% Despite Q4 Earnings Beat
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Ensign Group's shares fell by 12% despite beating Q4 earnings expectations. The Skilled Services unit contributed positively, but rising service costs offset gains. The company projects 2025 adjusted EPS between $6.16 and $6.34.
February 10, 2025 | 7:00 pm
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Ensign Group's shares dropped 12% despite a Q4 earnings beat, due to rising service costs. The company projects 2025 adjusted EPS between $6.16 and $6.34.
Despite beating Q4 earnings expectations, Ensign Group's stock fell due to concerns over rising service costs, which overshadowed the positive performance of the Skilled Services unit. The projected EPS for 2025 suggests future growth, but immediate concerns about costs have negatively impacted investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100