Investing.com - Pennant Group reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Pennant Group announced earnings per share of $0.14 on revenue of $118.35M. Analysts polled by Investing.com anticipated EPS of $0.18 on revenue of $114.98M.
Pennant Group shares are up 100% from the beginning of the year, still down 50.22% from its 52 week high of $27.22 set on November 12, 2021.
Pennant Group follows other major Healthcare sector earnings this month
Pennant Group's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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