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Stock impact report

Select Medical's (SEM) Shares Up 12.9% Since Q1 Earnings Beat [Yahoo! Finance]

Select Medical Holdings Corporation (SEM) 
Last select medical holdings corporation earnings: 4/30 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Upward revision in adjusted EBITDA and earnings per share (EPS) outlook might have buoyed investor confidence in the stock. The first-quarter results benefited on the back of growth in patient days and admissions at the Critical Illness Recovery Hospital and Rehabilitation Hospital segments. However, the upside was partly offset by an elevated expense level. SEM reported first-quarter 2024 adjusted EPS of 77 cents, which surpassed the Zacks Consensus Estimate by 40%. The bottom line soared 37.5% year over year. Net operating revenues amounted to $1.8 billion, which advanced 7.4% year over year. The metric beat the consensus mark by 5.1%. Select Medical Holdings Corporation Price, Consensus and EPS Surprise Select Medical Holdings Corporation price-consensus-eps-surprise-chart | Select Medical Holdings Corporation Quote Q1 Performance Total costs and expenses increased 5.5% year over year to $1.6 billion in the quarter under review, higher than our estimate of $1.55 billion Show less Read more
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