Pennant Group Inc

The Pennant Group, Inc. is a holding company, which engages in the provision of healthcare services to patients of all ages. It operates through the following segments: Home Health and Hospice Services, Senior Living Services, and All Other. The Home Health and Hospice Services segment provides combination of clinical care services such as nursing, speech, occupational and physical therapy, medical social work, and home health aide services. The Senior Living Services segment deals with assisted and independent living and memory care businesses. The All Other segment includes general and administrative expense from the service center. The company was founded on January 24, 2019 and is headquartered in Eagle, ID.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Pennant Group Inc reports strong Q4 earnings and growth strategies

Pennant Group Inc's Q4 2022 earnings call highlighted robust financial performance, particularly in revenue growth and EBITDA improvement.
The company's strategic focus on operational excellence, leadership development, and margin expansion positions it well for future success and market leadership.
While facing challenges in Medicare revenue and operational efficiency, Pennant Group Inc remains optimistic about growth opportunities and margin expansion strategies.

Pennant Group Inc reports strong Q1 earnings and growth strategies

Pennant Group Inc's Q1 2023 earnings call highlighted robust financial performance, strategic focus on growth, and operational improvements across key segments.
The company's strengths lie in its strong revenue growth, leadership development initiatives, and margin improvement strategies, while challenges include maintaining growth momentum and managing operational complexities.
Opportunities for Pennant Group Inc include expanding market presence, driving further margin improvement, and capitalizing on market demand for healthcare services.
Overall, Pennant Group Inc's performance reflects a positive outlook with a strategic focus on sustainable growth and operational excellence.

Pennant Group Inc reports strong Q2 earnings amidst sector challenges

Pennant Group Inc delivered robust financial performance in Q2 2023, driven by growth in revenue and Adjusted EBITDA across its segments.
While facing challenges in the Home Health and Hospice segment, the company's strategic focus on leadership development and acquisitions positions it for future success.
Opportunities lie in leveraging current strengths, addressing challenges, and navigating regulatory changes to sustain growth and profitability.

Pennant Group Inc reports robust Q3 earnings, sets optimistic 2023 guidance

Pennant Group Inc delivered impressive Q3 2023 results, showcasing strong financial performance, operational excellence, and a clear growth trajectory.
The company's emphasis on transparency, leadership development, and strategic guidance underpins its resilience and potential for sustained success in the healthcare services sector.
While challenges like market dynamics and leadership development exist, Pennant Group Inc's proactive approach and solid financial foundation position it well to seize opportunities and navigate future uncertainties.

Pennant Group Inc surpasses Q4 earnings, eyes growth opportunities

Pennant Group Inc delivered strong financial performance in Q4 2023, exceeding expectations.
Strategic focus on growth areas and operational excellence positioned the company well.
Challenges lie in managing cash flow, sustaining growth, and meeting 2024 targets.
Opportunities exist for expansion, margin improvement, and enhancing employee experience.

Pennant Group Inc (PNTG) reports robust Q1 growth and operational excellence

Pennant Group Inc (PNTG) delivers strong Q1 2024 performance with revenue, EBITDA, and EPS growth. Leadership development, margin improvement, and record quarter in home health and hospice highlight operational strengths. Challenges include cash flow impact and wage inflation trends. Opportunities lie in acquisitions, local leadership success, and continued margin enhancement.

Pennant Group Inc reports record-breaking Q3 earnings and growth opportunities

Pennant Group Inc delivered exceptional Q3 results, showcasing strong revenue growth, operational performance, and financial strength. The company's focus on leadership development, clinical excellence, and disciplined growth strategies positions it well for future success.
While challenges in maintaining growth momentum and navigating market dynamics exist, Pennant Group's strategic approach to capital allocation and operational efficiency mitigates risks. Opportunities for further growth through acquisitions and market expansion are abundant.
Overall, Pennant Group Inc's Q3 earnings call highlights a company poised for continued success in the healthcare sector, with a solid foundation for sustained growth and operational excellence in the face of industry challenges and opportunities.

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The Pennant Group, Inc. (PNTG) delivered earnings and revenue surprises of -10.53% and 2.65%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

The Pennant Group, Inc. (PNTG) Misses Q2 Earnings Estimates

Shares of Pennant Group (NASDAQ:PNTG) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 29.17% over the past year to $0.17, which missed the estimate of $0.20.

Recap: Pennant Group Q2 Earnings

Conference Call and Webcast scheduled for tomorrow, August 10, 2021 at 10:00 am MT Conference Call and Webcast scheduled for tomorrow, August 10, 2021 at 10:00 am MT

Pennant Reports Second Quarter 2021 Results

The Pennant Group, Inc. (PNTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate The Pennant Group, Inc. (PNTG) to Report a Decline in Earnings: What to Look Out for

EAGLE, Idaho, Aug. 02, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its second quarter 2021 financial results on Monday, August 9, 2021.

Pennant Announces Second Quarter 2021 Earnings Release and Call

The Pennant Group (PNTG) has moved higher as of late, but there could definitely be trouble on the horizon for this company

The Pennant Group (PNTG) is in Overbought Territory: What's Next?

EAGLE, Idaho, June 17, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, today announced that it has acquired the assets of First Call Hospice, which provides hospice services in Sacramento, California. The acquisition was effective June 16, 2021.

The Pennant Group Acquires California Hospice Provider

EAGLE, Idaho, May 13, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it will participate in the upcoming 2021 RBC Capital Markets Global Healthcare Conference on May 18-19, 2021. Brent Guerisoli, President of Pennant, Jennifer Freeman, Chief Financial Officer, and Brian Wayment, President of Cornerstone Healthcare, Inc., Pennant's home health and hospice portfolio company, will participate in a fireside presentation at 5:25 p.m. Eastern Time on May 18 and hold investor calls the following day.

Pennant to Present at the 2021 RBC Capital Markets Global Healthcare Conference

The Pennant Group, Inc. (PNTG) CEO Danny Walker on Q1 2021 Results - Earnings Call Transcript

The Pennant Group, Inc. (PNTG) delivered earnings and revenue surprises of -38.89% and 1.31%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

The Pennant Group, Inc. (PNTG) Q1 Earnings Miss Estimates

Conference Call and Webcast scheduled for tomorrow, May 7, 2021 at 10:00 am MT Conference Call and Webcast scheduled for tomorrow, May 7, 2021 at 10:00 am MT

Pennant Reports First Quarter 2021 Results

EAGLE, Idaho, May 03, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, today announced that it has acquired the assets of Cardiovascular Home Care, which provides home health services in Fort Worth, Texas. The acquisition was effective May 1, 2021 and will operate under the name Custom Care Home Health.

The Pennant Group Acquires Texas Home Health Provider

EAGLE, Idaho, April 01, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that it has acquired Pasco Southwest Home Health, which provides home health and personal care services throughout Southwest Colorado, with offices in Grand Junction and Cortez. The acquisition was effective April 1, 2021.

The Pennant Group Acquires Colorado Home Health Provider

EAGLE, Idaho, March 04, 2021 (GLOBE NEWSWIRE) -- In a release earlier today by The Pennant Group, Inc. (NASDAQ: PNTG), please note that the second and third paragraphs should have said John Gochnour, Chief Operating Officer, would be participating, rather than Brent Guerisoli. The corrected release follows:

CORRECTION - Pennant Group, Inc.

EAGLE, Idaho, March 04, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it will participate in two upcoming investor conferences.

The Pennant Group to Present at Upcoming Investor Conferences

The Pennant Group, Inc. (PNTG) CEO Danny Walker on Q4 2020 Results - Earnings Call Transcript

Shares of Pennant Group (NASDAQ:PNTG) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 6.25% over the past year to $0.17, which missed the estimate of $0.20.

Recap: Pennant Group Q4 Earnings

Conference Call and Webcast scheduled for tomorrow, February 25, 2021 at 10:00 am MT Conference Call and Webcast scheduled for tomorrow, February 25, 2021 at 10:00 am MT

Pennant Reports Fiscal Year 2020 and Fourth Quarter Results

EAGLE, Idaho, Feb. 23, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced that it has amended its revolving credit facility effective today, increasing its revolving line of credit by $75 million to a total of $150 million, of which approximately $18.3 million was drawn as of February 22, 2021. The amended credit facility is supported by a lending consortium arranged by Truist Bank.

Pennant Announces Credit Facility Upsize

EAGLE, Idaho, Feb. 18, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its fourth quarter and fiscal year 2020 financial results on Wednesday, February 24, 2021.

Pennant Announces Fourth Quarter and Year-End 2020 Earnings Release and Call

EAGLE, Idaho, Jan. 15, 2021 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it will participate in the upcoming 2021 Stifel Seniors Housing and Healthcare Real Estate Conference on January 19, 2021. Chief Investment Officer Derek Bunker will participate in a panel discussion with other senior living operators that day from 1:00 p.m. to 1:45 p.m. Eastern Time.

Pennant to Present at the 2021 Stifel Seniors Housing and Healthcare Real Estate Conference

The Pennant Group's (PNTG) CEO Danny Walker on Q3 2020 Results - Earnings Call Transcript

EAGLE, Idaho, Nov. 05, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its third quarter 2020 financial results on Tuesday, November 10, 2020.

Pennant Announces Third Quarter 2020 Earnings Release and Call

EAGLE, Idaho, Nov. 05, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced the successful establishment of two de novo hospice agencies:

Pennant Announces Start-up Hospice Operations in California and Washington

EAGLE, Idaho, Nov. 02, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that it has acquired Riverside Home Health Care of Grants Pass, Oregon and serving Douglas, Jackson, and Josephine counties. The acquisition was effective November 1, 2020.

News for Pennant Group Inc Stock (PNTG)