NASDAQ$PNTG
The Pennant Group Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Pennant Group reported an increase in revenue and net income for Q4 2022, driven by growth in both home health and hospice services and senior living segments.
Pennant Group reported Q4 2022 results with a revenue of $124.7 million, a net income of $3.5 million, and adjusted diluted earnings per share of $0.18. The company's performance was driven by growth in both its Home Health and Hospice Services and Senior Living Services segments.
- Total revenue increased by 11.5% compared to the prior year quarter, reaching $124.7 million.
- Net income increased by $5.6 million over the prior year quarter, reaching $3.5 million.
- Adjusted EBITDA increased by 98.3% over the prior year quarter, reaching $9.9 million.
- Home Health and Hospice Services segment revenue increased by 16.4%, reaching $90.7 million.
Headline financials
Revenue & EPS history
Pennant Group · Revenue · Quarterly
$125M
Revenue by segment
Pennant Group · $37.3M total across 1 segment · Q2 2023
- Senior Living Services$37.3M—100.0%
Forward guidance
Pennant Group provided full year 2023 guidance with annual revenue between $503.5 million and $518.4 million, adjusted EBITDA of $38.4 million to $42.6 million, and adjusted earnings per diluted share of $0.66 to $0.76.
Tailwinds
- Annual revenue between $503.5 million and $518.4 million.
- Adjusted EBITDA of $38.4 million to $42.6 million.
- Adjusted earnings per diluted share of $0.66 to $0.76.
- Midpoint of $0.71 represents 24.6% growth on 2022 adjusted earnings.
- Based on diluted weighted average shares outstanding of approximately 30.7 million and a 25.5% effective tax rate.
Headwinds
- Guidance assumes, among other things, organic growth in current operations.
- Guidance assumes margin expansion.
- Guidance assumes anticipated reimbursement rate adjustments.
- Guidance assumes elevated interest rates.
- Guidance does not include unannounced acquisitions and excludes costs at start-up operations, share-based compensation, acquisition-related costs, and one-time implementation and unusual items.
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 Q4 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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro