NASDAQ$PNTG
The Pennant Group Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Pennant Group reported an increase in total revenue and net income compared to the prior year quarter.
The Pennant Group reported a revenue of $118.4 million, a 5.7% increase year-over-year. Net income for the quarter was $4.8 million. The company also completed the acquisition of Ardent Hospice and Palliative Care and Kenosha Visiting Nurse Association.
- Total revenue increased by 5.7% year-over-year to $118.4 million.
- Net income was $4.8 million.
- Home Health and Hospice Services segment revenue increased by 8.6% year-over-year to $85.8 million.
- Senior Living Services segment revenue decreased slightly by 1.1% year-over-year to $32.6 million.
Headline financials
Revenue & EPS history
Pennant Group · Revenue · Quarterly
$118M
Revenue by segment
Pennant Group · $37.3M total across 1 segment · Q2 2023
- Senior Living Services$37.3M—100.0%
Forward guidance
Management anticipates 2022 annual guidance of total revenue between $458 million and $462 million, earnings per diluted share between $0.55 and $0.60, and adjusted EBITDA between $31.0 million and $33.5 million.
Tailwinds
- Total revenue between $458 million and $462 million.
- Earnings per diluted share between $0.55 and $0.60.
- Adjusted EBITDA between $31.0 million and $33.5 million.
- Based on diluted weighted average shares outstanding of approximately 30.3 million
- Effective tax rate of 25.6%
Headwinds
- Assumes anticipated reimbursement rate adjustments.
- Assumes no unannounced acquisitions.
- Assumes the lingering effects of COVID-19.
- Excludes the tax-effected costs at start-up operations.
- Excludes share-based compensation, acquisition-related costs, and 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 Q3 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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