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.

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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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EAGLE, Idaho, Dec. 01, 2023 (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 Southwestern Palliative Care and Hospice (“Southwestern”), which provides skilled hospice services in Yuma, Arizona.

Pennant Acquires Yuma Arizona Hospice Provider

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy The Pennant Group (PNTG) Stock?

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, The Pennant Group, Inc. (PNTG) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Fast-paced Momentum Stock The Pennant Group, Inc. (PNTG) Is Still Trading at a Bargain

Pennant Group, Inc. (NASDAQ:PNTG ) Q3 2023 Earnings Conference Call November 8, 2023 12:00 PM ET Company Participants Kirk Cheney - General Counsel & Corporate Secretary Brent Guerisoli - CEO & Director John Gochnour - President & COO Lynette Walbom - CFO Conference Call Participants Benjamin Hendrix - RBC Capital Markets Operator Good day, and thank you for standing by. Welcome to the Pennant Group Third Quarter 2023 Earnings Conference Call.

Pennant Group, Inc. (PNTG) Q3 2023 Earnings Call Transcript

The headline numbers for The Pennant Group, Inc. (PNTG) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About The Pennant Group, Inc. (PNTG) Q3 Earnings

EAGLE, Idaho, Nov. 01, 2023 (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 Guardian Hospice and Guardian Hospice of Oklahoma (“Guardian”), which provides skilled hospice services in Grayson, Fannin, Collin, Cook, Denton, and Hunt counties in Texas, and Bryan, Choctaw, Atoka, Pushmataha, Johnston, Coal, Marshall, Murray, Pontotoc, and Love counties in Oklahoma.

Pennant Acquires Northern Texas and Southern Oklahoma Hospice Provider

EAGLE, Idaho, Oct. 30, 2023 (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 2023 financial results on Tuesday, November 7, 2023.

Pennant Announces Third Quarter 2023 Earnings Release and Call

The Pennant Group, Inc. (PNTG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

The Pennant Group, Inc. (PNTG) Soars 5.6%: Is Further Upside Left in the Stock?

EAGLE, Idaho, Sept. 01, 2023 (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 Valor HospiceCare (“Valor”), which provides skilled hospice services in Tucson, Green Valley, and Sierra Vista, Arizona.

Pennant Acquires Southern Arizona Hospice Provider

The Pennant Group Inc. (NASDAQ:PNTG ) Q2 2023 Results Conference Call August 9, 2023 12:00 PM ET Company Participants Kirk Cheney - General Counsel and Corporate Secretary Brent Guerisoli - Chief Executive Officer John Gochnour - President and COO Lynette Walbom - Chief Financial Officer Conference Call Participants Raj Kumar - Stephens Ben Hendrix - RBC Capital Markets Operator Good day, and thank you for standing by. Welcome to the Pennant Group Second Quarter 2023 earnings conference call.

The Pennant Group Inc. (PNTG) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for The Pennant Group, Inc. (PNTG) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About The Pennant Group, Inc. (PNTG) Q2 Earnings

Conference Call and Webcast scheduled for tomorrow, August 9, 2023 at 10:00 am MT Conference Call and Webcast scheduled for tomorrow, August 9, 2023 at 10:00 am MT

Pennant Reports Second Quarter 2023 Results

EAGLE, Idaho, July 28, 2023 (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 2023 financial results on Tuesday, August 8, 2023.

Pennant Announces Second Quarter 2023 Earnings Release and Call

EAGLE, Idaho, June 16, 2023 (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 Bluebird Home Health, Bluebird Hospice, and Bluebird Home Care (“Bluebird”), which provides skilled home health, private duty, and hospice services across Southwestern Idaho.

Pennant Acquires Idaho Home Health, Hospice and Home Care Provider

EAGLE, Idaho, May 22, 2023 (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 its Board of Directors has appointed Lynette Walbom as Chief Financial Officer effective May 22, 2023.

The Pennant Group Appoints Lynette Walbom as Chief Financial Officer

The Pennant Group, Inc. (NASDAQ:PNTG ) Q1 2023 Earnings Conference Call May 5, 2023 12:00 PM ET Company Participants Kirk Cheney - Corporate Secretary Brent Guerisoli - CEO John Gochnour - President & COO Jennifer Freeman - Interim CFO Conference Call Participants Raj Kumar - Scott Fidel Operator Good day, and thank you for standing by. Welcome to the Pennant Group First Quarter 2023 Earnings Call.

The Pennant Group, Inc. (PNTG) Q1 2023 Earnings Call Transcript

The Pennant Group, Inc. (PNTG) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.11 per share a year ago.

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

EAGLE, Idaho, May 04, 2023 (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 Benefit Home Healthcare and Benefit By Your Side (“Benefit”), which provides skilled home health, private duty, and community health services in Colorado Springs, Colorado.

Pennant Acquires Colorado Home Health Provider

EAGLE, Idaho, April 21, 2023 (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 first quarter 2023 financial results on Thursday, May 4, 2023.

Pennant Announces First Quarter 2023 Earnings Release and Call

The Pennant Group: This Value-Based Care Play Is A Strong Buy.

The Pennant Group: This Value-Based Care Play Is A Strong Buy

The Pennant Group, Inc. (PNTG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Why Fast-paced Mover The Pennant Group, Inc. (PNTG) Is a Great Choice for Value Investors

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Despite the macroeconomic challenges, rising dependence on telehealth and the dominance of AI are likely to drive the Zacks Medical - Outpatient and Home Healthcare industry. CHE, ADUS, RDNT and PNTG are well poised to gain from the prospects.

News for Pennant Group Inc Stock (PNTG)