Select Medical Holdings Corp reports results for the quarter ended in December - Earnings Summary

Select Medical Holdings

23/02/2024 03:04

* Select Medical Holdings Corp  SEM.N  reported quarterly
adjusted
earnings of 36 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 22 cents.  The mean expectation of
five analysts for the quarter was for earnings of 36 cents per
share. Wall Street expected results to range from 32 cents to 39
cents per share.
    * Revenue rose 4.9% to $1.66 billion from a year ago;
analysts
expected $1.64 billion. 
    * Select Medical Holdings Corp's reported EPS for the
quarter was
36 cents​.
    * The company reported quarterly net income of $44.64
million.
    * Select Medical Holdings Corp shares had risen by 13.6%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Select Medical
Holdings Corp is $30.00 
This summary was machine generated from LSEG data February 23 at
03:04 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.36           0.36           Met
 Sep. 30 2023      0.41           0.46           Beat
 Jun. 30 2023      0.48           0.61           Beat
 Mar. 31 2023      0.44           0.56           Beat