Pacs (PACS) Hits 52-Week High on Q3 Blowout

We recently published 10 Stocks Beating Wall Street at its Own Game. PACS Group, Inc. (NYSE:PACS) is one of the best-performing stocks on Wednesday.

PACS Group soared to a new 52-week high on Wednesday as investors cheered the strong results of its earnings performance in the third quarter of the year.

During the period, the company said attributable net income increased by 235 percent to $52.4 million from $15.6 million, while total revenues grew by 27 percent to $1.3 billion from $1.02 billion year-on-year.

Encouraged by the results, PACS Group, Inc. (NYSE:PACS) expects revenues to be in the range of $5.25 billion to $5.35 billion for the full-year period.

“Our third-quarter and year-to-date 2025 revenue growth reflects the operational excellence across our portfolio that continues to drive demand for our services,” said PACS Group, Inc. (NYSE:PACS) Interim Chief Finance Officer Mark Hancock.

“We remain confident that our locally-led, centrally-supported model, coupled with enhanced compliance and controls, will increase our ability to deliver high-touch, high-quality care to our patients and strengthen our communities. With our exceptionally talented team, we are focused on continuing to execute our strategy to drive value for shareholders and the rest of the healthcare ecosystem,” he added.

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Disclosure: None. This article is originally published at Insider Monkey.