GlobeNewswire·May 6, 2026, 4:05 PM ET

Pennant Reports First Quarter 2026 Results

The Pennant Group, Inc. reported GAAP diluted earnings per share of $0.24 & adjusted diluted earnings per share of $0.32 for the first quarter of 2026.
Total revenue for the quarter reached $285.4 million, representing a 36.0% increase over the prior year.
Net income increased to $8.5 million, while adjusted net income rose to $11.5 million.
Consolidated Adjusted EBITDA was $21.7 million, an increase of 32.6% year-over-year.
Home Health & Hospice Services revenue grew 43.3% to $229.1 million, driven by a 62.7% increase in total home health admissions to 30,721.
Senior Living Services revenue increased 12.6% to $56.3 million, with average occupancy at 78.6%.
CEO Brent Guerisoli stated the company is driving operational excellence across segments while integrating newly acquired operations in the southeast.
COO John Gochnour noted same-store margins improved despite a 1.3% home health reimbursement cut & the integration of over 50 operations.
A live webcast to discuss the results is scheduled for May 7, 2026, at 10:00 a.m. Mountain time.
The company operates 174 home health & hospice agencies & 63 senior living communities across 13 states.