Ensign Group Q3 adjusted EPS beats estimates, revenue rises on higher occupancy
ENSG•Ensign Group’s third-quarter revenue increased 14.5% year over year to $1.48 billion, while adjusted EPS of $2.03 beat the $1.97 analyst estimate. The company raised its 2026 adjusted EPS outlook to $7.94-$8.02 and revenue outlook to $5.89 billion-$5.92 billion.
1. Quarterly results
Ensign Group reported third-quarter adjusted EPS of $2.03, above the $1.97 analyst estimate. Revenue rose 14.5% year over year to $1.48 billion.
2. Higher guidance
The company raised its 2026 adjusted EPS guidance to $7.94-$8.02 from $7.75-$7.85 per share and lifted its revenue outlook to $5.89 billion-$5.92 billion. Ensign said demand remains strong and expects growth in occupancy and skilled mix to continue.
3. Growth drivers
Ensign attributed revenue growth to higher occupancy, an improved skilled mix and particularly strong Medicare growth. It also cited clinical outcomes, its reputation, and recent acquisitions of operations and facilities.
