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Ensign Group: Q4 Earnings Snapshot

SAN JUAN CAPISTRANO, Calif. (AP) — SAN JUAN CAPISTRANO, Calif. (AP) — The Ensign Group Inc. (ENSG) on Wednesday reported fourth-quarter earnings of $95.5 million.

On a per-share basis, the San Juan Capistrano, California-based company said it had profit of $1.61. Earnings, adjusted for one-time gains and costs, came to $1.82 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.75 per share.

The provider of nursing and rehabilitative care services posted revenue of $1.36 billion in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $1.37 billion.

For the year, the company reported profit of $344 million, or $5.84 per share. Revenue was reported as $5.06 billion.

Ensign Group expects full-year earnings to be $7.41 to $7.61 per share, with revenue in the range of $5.77 billion to $5.84 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENSG at https://www.zacks.com/ap/ENSG

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