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

Select Medical Holdings

02/08/2024 01:10

* Select Medical Holdings Corp  SEM.N  reported quarterly
adjusted
earnings of 60 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 61 cents.  The mean expectation of three analysts for the
quarter was for earnings of 61 cents per share. Wall Street
expected results to range from 59 cents to 63 cents per share.
    * Revenue rose 5.1% to $1.76 billion from a year ago;
analysts
expected $1.74 billion. 
    * Select Medical Holdings Corp's reported EPS for the
quarter was
60 cents​.
    * The company reported quarterly net income of $77.56
million.
    * Select Medical Holdings Corp shares had risen by 13.4%
this
quarter and gained 69.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.3%
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 3 "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 $37.00 
This summary was machine generated from LSEG data August 2 at
12:10 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
 Jan. 1 0001       0.61           0.60           Missed
 Mar. 31 2024      0.58           0.75           Beat
 Dec. 31 2023      0.36           0.36           Met
 Sep. 30 2023      0.41           0.46           Beat