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Extendicare (TSE:EXE)
TSX:EXE
Earnings Data
Report Date
Aug 13, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.18Last Year’s EPS
0.29Same Quarter Last Year
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: -1.65%
|Next Earnings Date:Aug 13, 2025
Earnings Call Sentiment|Positive
The earnings call presented a robust performance across all business segments, with significant growth in revenue, earnings, and strategic acquisitions. However, there are some uncertainties regarding regulatory approvals and funding timelines.Company Guidance
In the first quarter of 2025, Extendicare Inc. achieved significant financial growth across its business segments, as highlighted during their analyst conference call. Adjusted EBITDA rose by 18.2% to $35.6 million year-over-year, and further increased by 42.7% to $29 million when excluding out-of-period items. The home healthcare segment saw an 8.9% increase in Q1 average daily volumes compared to the previous year, with an NOI margin improvement of 200 basis points. Long-term care experienced a 150 basis point NOI margin increase, while managed services revenue and NOI grew, driven by organic growth in beds serviced, which rose 7.2% from Q1 2024. The Board declared a 5% increase in the monthly dividend to $0.042 per share. Extendicare also announced the acquisition of Closing the Gap Healthcare for $75.5 million, expected to add $84.2 million in revenue to the home healthcare segment, with anticipated annualized cost synergies of $1.1 million. The acquisition is projected to close in Q3 2025.Strong Revenue and Earnings Growth
Adjusted EBITDA increased to $35.6 million, up 18.2% over the prior year. Excluding out-of-period items, it increased by 42.7% to $29 million, with NOI and margin growth in all business segments.
Growth in Home Healthcare
Q1 average daily volumes were up 8.9% from the same period last year. Excluding out-of-period items, Q1 NOI margin improved by 200 basis points, driven by rate increases and operational efficiencies.
Managed Services Expansion
Year-over-year growth in revenue and NOI, largely due to the opening of 3 homes in the Axium JV and organic growth in beds serviced by SGP, which increased by 7.2%.
Increase in Dividend
The Board declared a 5% increase to the monthly dividend on common shares to $0.042 per share.
Acquisition of Closing the Gap Healthcare
Acquiring Closing the Gap for total cash consideration of approximately $75.5 million, expected to add approximately $84.2 million in revenue to the home healthcare segment.
Long-term Care Redevelopment Progress
Opened a new 256-bed long-term care home and closed the sale of 3 long-term care projects, demonstrating effective capital recycling.
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
TSE:EXE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | C$14.55 | C$13.69 | -5.91% |
Feb 27, 2025 | C$11.52 | C$12.33 | +7.03% |
Nov 12, 2024 | C$9.28 | C$9.97 | +7.44% |
Aug 12, 2024 | C$7.36 | C$7.85 | +6.66% |
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.
FAQ
When does Extendicare (TSE:EXE) report earnings?
Extendicare (TSE:EXE) is schdueled to report earning on Aug 13, 2025, TBA Not Confirmed.
What is Extendicare (TSE:EXE) earnings time?
Extendicare (TSE:EXE) earnings time is at Aug 13, 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?
TSE:EXE EPS forecast for the fiscal quarter 2025 (Q2) is 0.18.