PACS Group Raises 2026 Revenue and EBITDA Outlook Following Strong Q3 Performance
PACS Group, Inc. (NYSE: PACS) has raised its full-year 2026 financial guidance, projecting revenue between $5.95 billion and $6.05 billion, with adjusted EBITDA expected to fall between $685 million and $695 million. This upward revision is supported by strong operational metrics within the company's skilled nursing facility portfolio. During the third quarter, the company reported a 6.4% year-over-year revenue increase across its 284 same-store facilities. Additionally, occupancy rates improved significantly, rising by 200 basis points to reach 91.3%. The company's strategic expansion into the Florida market is also cited as a key driver for its updated long-term outlook.
Tickers: $PACS
Topics: earnings report occupancy rates revenue growth skilled nursing facilities