Ensign

Q2 FY2026 EarningsQ2 FY26 results presented a beat on adjusted profitability but a slight miss on GAAP metrics. Adjusted EPS of $1.92 exceeded the $1.85 consensus (+3.78%), driven by strong same-facility occupancy growth (+2.2pct YoY to 84.1%) and disciplined cost management. Revenue was essentially in-line at $1.44B (-0.06% variance). GAAP EBIT missed by 11.98% due to elevated stock-based compensation and $2.2M in ERP implementation costs, which were excluded from adjusted figures. Skilled nursing daily rates saw healthy increases across Medicare (+4.5%) and Managed Care (+4.1%), supporting long-term margin stability.