Earnings ·
Reports Q3 net income of $24.9M, raises 2027 growth outlook to low double-digits
HCSGHealthcare Services Group Inc
Healthcare Services Group reported third-quarter revenue of $479.6 million and diluted earnings per share of $0.36 for the period ended September 30, 2026. The company raised its 2027 revenue growth outlook from mid single-digits to low double-digits, citing an organic growth inflection and strong demand across healthcare, senior living, and campus environments. Additionally, HCSG completed the acquisition of NEXDINE Hospitality for $93.5 million in early October, a move expected to add over $150 million in annual revenue. The firm also recorded an estimated $6.1 million recovery related to the Genesis bankruptcy case.