PACS

Q2 FY2026 EarningsQ2 FY2026 results beat consensus on both top and bottom lines: revenue of $1.43B (+9.1% YoY) slightly exceeded the $1.41B estimate, while Adjusted EPS of $0.63 outperformed the $0.56 consensus by 12.4%. Strong operational performance was driven by 90.4% occupancy (vs. 79.5% industry average) and a 100 bps YoY improvement in skilled mix. Management raised FY26 revenue guidance to $5.75B–$5.85B and Adjusted EBITDA to $640M–$660M, both significantly above previous ranges and current market expectations.