NASDAQ$PNTG
The Pennant Group Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported GAAP diluted loss per share and adjusted diluted earnings per share, with total revenue increasing and operational momentum in both segments.
The Pennant Group reported a GAAP diluted loss per share of $0.09 and adjusted diluted earnings per share of $0.14 for Q2 2022. Total revenue increased by 5.4% year-over-year to $116.3 million. The company reaffirmed its 2022 annual revenue guidance of $450 million to $460 million.
- Total revenue for the quarter was $116.3 million, up 5.4% year-over-year.
- Net loss for the second quarter was $2.7 million, with adjusted EBITDA at $7.6 million.
- Home Health and Hospice Services revenue was $85.3 million, a 9.3% increase year-over-year.
- Senior Living Services revenue was $31.0 million, a 3.9% decrease year-over-year.
Headline financials
Revenue & EPS history
Pennant Group · Revenue · Quarterly
$116M
Revenue by segment
Pennant Group · $37.3M total across 1 segment · Q2 2023
- Senior Living Services$37.3M—100.0%
Forward guidance
Management reaffirms its 2022 annual guidance of total revenue between $450 million and $460 million. Full year 2022 adjusted earnings per diluted share is anticipated to be between $0.60 and $0.68 and full year 2022 adjusted EBITDA is anticipated to be between $33.2 million and $35.7 million.
Tailwinds
- Annual revenue between $450 million and $460 million.
- Adjusted earnings per diluted share is anticipated to be between $0.60 and $0.68.
- Adjusted EBITDA is anticipated to be between $33.2 million and $35.7 million.
- Guidance assumes anticipated reimbursement rate adjustments.
- Guidance assumes no unannounced acquisitions.
Headwinds
- Guidance assumes the lingering effects of COVID-19.
- Guidance excludes the tax-effected costs at start-up operations.
- Guidance excludes share-based compensation.
- Guidance excludes acquisition-related costs.
- Guidance excludes loss on disposition of assets and impairments.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
-0.4%
Avg return
Earnings day
+5.0%
Avg return
5 days after
+5.6%
Avg return
30 days after
40%
12 / 30 earnings
Positive
+27.4%
Q2 2020
Best reaction
-18.7%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.4% | +8.4% | +0.5% | |
| Q4 2025 | -7.8% | -0.2% | -9.8% | |
| Q3 2025 | -5.8% | +0.4% | +16.1% | |
| Q1 2025 | +3.7% | +10.1% | +10.1% | |
| Q4 2024 | -10.8% | -8.1% | -3.6% | |
| Q3 2024 | +0.6% | +6.4% | -5.9% | |
| Q2 2024 | +0.3% | +8.2% | +18.3% | |
| Q1 2024 | -2.3% | +5.8% | +11.3% | |
| Q4 2023 | +12.4% | +13.3% | +18.3% | |
| Q3 2023 | +7.6% | +5.7% | +13.6% | |
| Q2 2023 | -1.2% | +8.9% | +1.3% | |
| Q1 2023 | -9.4% | -14.7% | -6.8% | |
| Q4 2022 | +11.3% | +20.7% | +8.9% | |
| Q3 2022 | -11.4% | -10.8% | -20.0% | |
| Q2 2022 | +6.8% | +12.6% | +0.6% | |
| Q1 2022 | +6.6% | +26.4% | +21.3% | |
| Q4 2021 | -7.5% | -7.9% | +12.9% | |
| Q3 2021 | -18.7% | -6.9% | -21.1% | |
| Q2 2021 | -5.8% | -15.0% | +0.0% | |
| Q1 2021 | -2.2% | -9.4% | -14.2% | |
| Q4 2020 | -8.3% | -7.5% | -16.9% | |
| Q3 2020 | -0.5% | +5.3% | +21.1% | |
| Q2 2020 | +27.4% | +23.8% | +15.9% | |
| Q1 2019 | +15.1% | +51.2% | +45.5% | |
| Q1 2020 | +15.1% | +51.2% | +45.5% | |
| Q2 2019 | -3.3% | -13.7% | -43.7% | |
| Q4 2017 | -3.3% | -13.7% | -43.7% | |
| Q4 2019 | -3.3% | -13.7% | -43.7% | |
| Q3 2019 | -10.5% | +7.0% | +68.4% | |
| Q4 2018 | -10.5% | +7.0% | +68.4% | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
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