# Healthcare Services Group Projects Q4 2026 Revenue Up to $545 Million

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/37549
Published: 2026-10-22T06:10:24.000Z
Updated: 2026-10-22T06:10:24.000Z
Section: Business

> Third-quarter revenue rose to $479.604 million, while net income and diluted earnings per share declined year over year.

Healthcare Services Group Inc. (HCSG) projected fourth-quarter 2026 revenue of $535 million to $545 million and low-double-digit revenue growth for 2027, as third-quarter net income fell from a year earlier.

Revenue for the three months ended Sept. 30, 2026, was $479.604 million, up from $464.338 million in the same period a year earlier. Net income declined to $24.877 million from $42.953 million, while diluted earnings per share fell to 36 cents from 59 cents.

HCSG described its 2027 growth outlook as an increase from mid-single-digit growth but did not provide a specific percentage or range. CEO Ted Wahl called the target “low double-digit top-line growth in 2027.”

HCSG completed its acquisition of NEXDINE Hospitality on Oct. 6 for $93.5 million upfront, paid with cash on hand. The company expects NEXDINE to generate more than $150 million in annual revenue at margins comparable to HCSG’s own and to be immediately accretive to earnings.

The acquisition expands HCSG’s presence in senior living and hospitality. The company provides services across health care, senior living and campus environments.