Select Medical Q3 Adjusted Earnings, Revenue Increase; 2024 Guidance Updated

MT Newswires Live

Nov 01, 2024

Select Medical (SEM) reported Q3 adjusted earnings late Thursday of $0.50 per share, up from $0.46 a year earlier.

Analysts polled by Capital IQ expected $0.43.

Revenue for the quarter ended Sept. 30 was $1.76 billion, up from $1.67 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.74 billion.

The company said its 2024 adjusted earnings will likely be $2.09 to $2.20 per share compared with a previous guidance of $1.96 to $2.20 per share. Analysts surveyed by Capital IQ expect $2.09.

The company now expects full-year revenue of $6.95 billion to $7.15 billion from $6.9 billion to $7.1 billion, previously. Analysts polled by Capital IQ expect $7.03 billion.

Shares of Select Medical traded 5.1% higher in after-hours activity.

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Analysts surveyed by Capital IQ expect $2.09.</p><p>The company now expects full-year revenue of $6.95 billion to $7.15 billion from $6.9 billion to $7.1 billion, previously. Analysts polled by Capital IQ expect $7.03 billion.</p><p>Shares of Select Medical traded 5.1% higher in after-hours activity.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SEM","symbol_name":"Select Medical Holdings","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2480475060","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480475060","pubTimestamp":1730409645,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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