How did ENSG's revenue and expenses trend in Q4 2024?

**Ensign Group (ENSG) experienced a notable increase in revenue and a modest rise in expenses in Q4 2024**, contributing to improved financial performance.

1. **Revenue Growth**: ENSG's consolidated GAAP and adjusted revenue for Q4 2024 were both $1.08 billion. This represents a 15.0% increase over the prior year quarter, indicating a strong revenue growth trajectory.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|ENSG|ENSG.O|The Ensign Group|20240101-2024|Intercompany Elimination|-1.04307E8|185|
|ENSG|ENSG.O|The Ensign Group|20240101-2024|Intercompany Elimination|-7.6806E7|185|
|ENSG|ENSG.O|The Ensign Group|20240101-2024|Intercompany Elimination|-4.9896E7|185|
|ENSG|ENSG.O|The Ensign Group|20240101-2024|Intercompany Elimination|-2.4203E7|185|
|ENSG|ENSG.O|The Ensign Group|20240101-2024|Skilled Services|9.69602E8|185|
|ENSG|ENSG.O|The Ensign Group|20240101-2024|Standard Bearer|2.2201E7|185|
|ENSG|ENSG.O|The Ensign Group|20240101-2024|Intercompany Elimination|-2.4203E7|185|
|ENSG|ENSG.O|The Ensign Group|20240101-2024|All Other|4.2572E7|185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|ENSG|ENSG.O|The Ensign Group|2024 Q1|14.992746252230319|6.896E7|185|
|ENSG|ENSG.O|The Ensign Group|2024 Q2|11.064128569199564|7.1181E7|185|
|ENSG|ENSG.O|The Ensign Group|2024 Q3|22.822348674337167|7.8567E7|185|
|ENSG|ENSG.O|The Ensign Group|2024 Q4|265.44013197085644|7.975E7|185|

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|ENSG|ENSG.O|The Ensign Group|2024 Q1|13.906776975805132|1.010172E9|185|
|ENSG|ENSG.O|The Ensign Group|2024 Q2|12.475240002387814|1.036285E9|185|
|ENSG|ENSG.O|The Ensign Group|2024 Q3|14.985793869201554|1.081776E9|185|
|ENSG|ENSG.O|The Ensign Group|2024 Q4|15.491371695407283|1.132252E9|185|

2. **Net Income Increase**: The company reported a GAAP net income of $78.4 million, reflecting a 22.8% increase year-over-year. Adjusted net income was even higher at $81.1 million, marking a 17.7% increase over the previous year quarter.
3. **Expense Management**: While specific expense details are not available, the overall financial performance suggests effective expense management. The company's focus on service revenue growth and operational efficiency likely contributed to this outcome.
4. **Comparative Performance**: ENSG's revenue and earnings outpaced estimates, with earnings per share (EPS) of $1.39, surpassing the Zacks Consensus Estimate of $1.37. This trend underscores the company's strong financial performance and operational effectiveness.

In summary, ENSG's Q4 2024 financial results demonstrate robust revenue growth and efficient expense management, resulting in enhanced profitability.