Pennant Group, Inc. (PNTG) announced a profit for its fourth quarter that increased from last year in line with the Street estimates.
The company's earnings totaled $5.76 million, or $0.16 per share. This compares with $4.35 million, or $0.14 per share, last year.
Excluding items, Pennant Group, Inc. reported adjusted earnings of $8.49 million or $0.24 per share for the period.
Analysts on average had expected the company to earn $0.24 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 29.4% to $188.89 million from $145.95 million last year.
Pennant Group, Inc. earnings at a glance (GAAP) :
-Earnings: $5.76 Mln. vs. $4.35 Mln. last year.
-EPS: $0.16 vs. $0.14 last year.
-Revenue: $188.89 Mln vs. $145.95 Mln last year.
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