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Extendicare Inc. (TSE:EXE)
:EXE
Holding TSE:EXE?
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.1Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: 9.88%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Positive
The earnings call reflected strong performance across all segments with significant revenue growth and strategic advancements in capital structure and service offerings. Some challenges related to operational costs and seasonal impacts were noted but were outweighed by the positive developments.Company Guidance
During the Q3 2024 earnings call for Extendicare, the company reported strong results across all operating segments, highlighting key metrics such as a 11.3% increase in consolidated revenue to $359.1 million and a 73.8% rise in adjusted EBITDA. The company experienced a 10.2% year-over-year growth in average daily volume for home health care and an 11.4% increase in the SGP customer base to 143,500. Extendicare announced a new $275 million senior secured credit facility to support its growth agenda and the early redemption of $126.5 million in convertible debentures. The long-term care segment benefited from retroactive funding of $1.8 million, while Managed Services saw an NOI margin of 52.6%, aligning with expectations. The company also emphasized the progress in its long-term care redevelopment projects, including the construction of new homes and the anticipated sale of these properties to the Axium joint venture in Q1 2025.Robust Third Quarter Results
All operating segments contributed to strong earnings, with margins in long-term care improving due to full occupancy and normalized cost structures.
Home Health Care Growth
Saw a 10.2% year-over-year increase in average daily volume, with the demand offsetting usual seasonal softness.
Managed Services Segment Growth
Achieved an 11.4% increase in SGP customer base, with continued organic growth, and benefited from the Revera and Axium transactions.
Financial Improvements
Consolidated Q3 revenue increased by 11.3% to $359.1 million, with a 73.8% increase in adjusted EBITDA.
Capital Structure Realignment
Established a new $275 million senior secured credit facility and announced early redemption of convertible debentures.
Long-Term Care Redevelopment
Commenced construction of a new 256-bed home in St. Catharines and planning two more projects.
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TSE:EXE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:EXE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | C$9.41 | C$10.10 | +7.33% |
| Aug 12, 2024 | C$7.46 | C$7.96 | +6.70% |
| May 15, 2024 | C$7.44 | C$7.02 | -5.65% |
| Mar 08, 2024 | C$6.40 | C$6.86 | +7.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Extendicare Inc. (TSE:EXE) report earnings?
Extendicare Inc. (TSE:EXE) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Extendicare Inc. (TSE:EXE) earnings time?
Extendicare Inc. (TSE:EXE) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:EXE EPS forecast?
Currently, no data Available
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