Quarterly ResultAug 5, 2026, 04:16 PM
Pennant Group Q2 Revenue $298M, +35.8%; EPS $0.25; Raises Guidance
AI Summary
Pennant Group reported strong second-quarter 2026 results, with total revenue increasing by 35.8% to $298.0 million and GAAP diluted earnings per share of $0.25. Adjusted diluted EPS reached $0.36. The company saw significant growth across both its Home Health and Hospice Services and Senior Living Services segments, driven by increased admissions and occupancy. Management expressed confidence in exceeding original full-year guidance and subsequently raised its 2026 annual outlook for revenue, adjusted EPS, and adjusted EBITDA.
Key Highlights
- Q2 2026 total revenue increased 35.8% to $298.0 million.
- GAAP diluted earnings per share was $0.25; adjusted diluted EPS was $0.36.
- Net income rose 28.2% to $9.1 million.
- Home Health and Hospice Services segment revenue grew 43.2% to $237.8 million.
- Senior Living Services segment revenue increased 12.6% to $60.2 million.
- Total home health admissions surged 62.3% to 28,947.
- Raised 2026 annual revenue guidance to $1,171.1M-$1,190.1M.
- Raised 2026 adjusted EPS guidance to $1.34-$1.41.
Price Impact
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