Select Medical Holdings Corp reports results for the quarter ended in September 30 - Earnings Summary

Select Medical Holdings

01/11/2024 03:07

* Select Medical Holdings Corp  SEM.N  reported quarterly
adjusted
earnings of 43 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 46 cents.  The mean expectation of four analysts
for the quarter was for earnings of 43 cents per share. Wall
Street expected results to range from 36 cents to 49 cents per
share.
    * Revenue rose 5.7% to $1.76 billion from a year ago;
analysts
expected $1.74 billion. 
    * Select Medical Holdings Corp's reported EPS for the
quarter was
43 cents​.
    * The company reported quarterly net income of $55.63
million.
    * Select Medical Holdings Corp shares had fallen by 5.8%
this
quarter and gained 39.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

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 42.00 
This summary was machine generated from LSEG data November 1 at
03:06 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
 Sep. 30 2024      0.43           0.43           Met
 Jun. 30 2024      0.61           0.60           Missed
 Mar. 31 2024      0.58           0.75           Beat
 Dec. 31 2023      0.36           0.36           Met