Select Medical(SEM)
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Select Medical Holdings Corporation Announces Offering of $850 Million of Senior Notes by Select Medical Corporation
Prnewswire· 2024-11-18 12:34
MECHANICSBURG, Pa., Nov. 18, 2024 /PRNewswire/ -- Select Medical Holdings Corporation ("Holdings") (NYSE: SEM), today announced that Select Medical Corporation ("Select") has commenced a private offering (the "Offering"), subject to market and other customary conditions, of $850 million in aggregate principal amount of senior notes due 2032 (the "notes"). The notes will be senior unsecured obligations of Select and will be guaranteed by certain of Select's existing and future domestic subsidiaries.Concurren ...
Select Medical To Spin-Off Concentra On November 25th
Forbes· 2024-11-12 21:25
Medical worker shows the structure of a recipe.gettyOn November 06, Select Medical Holdings (NYSE: SEM; $40.20; Market Cap: $5.2 billion) announced a special stock distribution of its carved out unit Concentra Holdings (NYSE: CON; $19.67; Market Cap: $2.5 billion) to its shareholders. The distribution is set for November 25, 2024, with a record date of November 18, 2024. Shareholders will receive approximately 0.806971 shares of Concentra’s common stock for each share of Select Medical stock they own. This ...
Select Medical Up 13.8% Since Q3 Earnings Top on Patient Day Growth
ZACKS· 2024-11-05 15:56
Select Medical Holdings Corporation’s (SEM) stock gained 13.8% since it reported third-quarter 2024 results on Oct. 31, 2024. Upward revision in revenues and adjusted EBITDA outlook might have buoyed investors’ confidence in the stock. The third-quarter results benefited on the back of growth in patient days and revenue per patient day at the Critical Illness Recovery Hospital and Rehabilitation Hospital.SEM reported third-quarter 2024 adjusted earnings per share (EPS) of 50 cents, which surpassed the Zacks ...
Select Medical(SEM) - 2024 Q3 - Earnings Call Transcript
2024-11-01 15:24
Select Medical Holdings Corporation (NYSE:SEM) Q3 2024 Results Earnings Conference Call November 1, 2024 9:00 AM ET Company Participants Robert Ortenzio - Executive Chairman and Co-Founder Martin Jackson - Senior Executive Vice President of Strategic Finance and Operations Conference Call Participants Ben Hendrix - RBC Capital Markets Justin Bowers - Deutsche Bank William Sutherland - The Benchmark Company Christian Malachy Porter - Bank of America Securities Operator Good morning, and thank you for joining ...
Select Medical (SEM) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-31 22:56
Select Medical (SEM) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.89%. A quarter ago, it was expected that this hospital and rehabilitation center operator would post earnings of $0.59 per share when it actually produced earnings of $0.60, delivering a surprise of 1.69%.Over the ...
Select Medical(SEM) - 2024 Q3 - Quarterly Results
2024-10-31 20:41
Exhibit 99.1 FOR IMMEDIATE RELEASE 4714 Gettysburg Road Mechanicsburg, PA 17055 NYSE Symbol: SEM Select Medical Holdings Corporation Announces Results For Its Third Quarter Ended September 30, 2024 and Cash Dividend MECHANICSBURG, PENNSYLVANIA — October 31, 2024 — Select Medical Holdings Corporation ("Select Medical," "we," "us," or "our") (NYSE: SEM) today announced results for its third quarter ended September 30, 2024, and the declaration of a cash dividend. For the third quarter ended September 30, 2024 ...
Select Medical(SEM) - 2024 Q3 - Quarterly Report
2024-10-31 20:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file numbers: 001-34465 SELECT MEDICAL HOLDINGS CORPORATION (Exact name of Registrant as specified in its Charter) Delaware 20-1764048 (Stat ...
Select Medical Holdings Corporation Announces Results For Its Third Quarter Ended September 30, 2024 and Cash Dividend
Prnewswire· 2024-10-31 20:30
MECHANICSBURG, Pa., Oct. 31, 2024 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical," "we," "us," or "our") (NYSE: SEM) today announced results for its third quarter ended September 30, 2024, and the declaration of a cash dividend.For the third quarter ended September 30, 2024, revenue increased 5.7% to $1,761.2 million, compared to $1,665.7 million for the same quarter, prior year. Income from operations increased 8.6% to $141.1 million for the third quarter ended September 30, 2024, com ...
SELECT MEDICAL AND SSM HEALTH FORM JOINT VENTURE PARTNERSHIP TO OPERATE INPATIENT REHABILITATION HOSPITAL IN OKLAHOMA CITY
Prnewswire· 2024-10-17 16:00
New SSM Health Rehabilitation Hospital will open in December 2024 MECHANICSBURG, Pa. and OKLAHOMA CITY, Oct. 17, 2024 /PRNewswire/ -- Select Medical Corporation ("Select Medical") and SSM Health today announced the formation of a joint venture partnership to own and operate a 50-bed inpatient rehabilitation hospital in Oklahoma City to be named SSM Health Rehabilitation Hospital – Oklahoma City. The hospital will operate at 700 NW 7th Street and incorporate SSM Health's 12-bed acute rehabilitation unit pres ...
Select Medical Holdings: No Reason To Downgrade This One Just Yet
Seeking Alpha· 2024-10-07 06:47
One bullish call that has played out quite well over the past couple of years is Select Medical Holdings (NYSE: SEM ). For investors not familiar with the business, it serves as one of the largest operators of Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P f ...