Pennant Group Inc reports results for the quarter ended in March - Earnings Summary

Pennant group

10/05/2022 09:08

* Pennant Group Inc  PNTG.OQ  reported quarterly adjusted
earnings
of 11 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
7 cents per share.
    * Revenue rose 7.8% to $113.91 million from a year ago; 
analysts
expected $109.91 million. 
    * Pennant Group Inc's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 56%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Pennant Group Inc shares had fallen by 31.3% this
quarter and
lost 44.5% so far this year.
    * The company reported quarterly net income of $1.01
million.
    * Wall Street's median 12-month price target for Pennant
Group Inc
is $23.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 10 at 08:08 a.m.  ​All
figures in US dollars unless otherwise stated