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

Select Medical Holdings

02/11/2023 22:38

* Select Medical Holdings Corp  SEM.N  reported quarterly
adjusted
earnings of 46 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of 21 cents.  The mean expectation of
four analysts for the quarter was for earnings of 41 cents per
share. Wall Street expected results to range from 38 cents to 43
cents per share.
    * Revenue rose 6.2% to $1.67 billion from a year ago;
analysts
expected $1.63 billion. 
    * Select Medical Holdings Corp's reported EPS for the
quarter was
38 cents​.
    * The company reported quarterly net income of $46.46
million.
    * Select Medical Holdings Corp shares had fallen by 10.7%
this
quarter and lost 9.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 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 4 "strong buy" or "buy," no
"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 $37.50 
This summary was machine generated from LSEG data November 2 at
10:38 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.41           0.46           Beat
 Jun. 30 2023      0.48           0.61           Beat
 Mar. 31 2023      0.44           0.56           Beat
 Dec. 31 2022      0.36           0.22           Missed