Select Medical(SEM)
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Select Medical Holdings Corporation to Announce Third Quarter 2024 Results on Thursday, October 31, 2024
Prnewswire· 2024-10-01 20:15
MECHANICSBURG, Pa., Oct. 1, 2024 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical") (NYSE: SEM), will release the financial results for its third quarter ended September 30, 2024 on Thursday, October 31, 2024 after the market closes. Select Medical will host a conference call regarding its third quarter results, as well as its business outlook, on Friday, November 1, 2024, at 9:00am ET. The conference call will be a live webcast and can be accessed at via this Earnings Call Webcast Link ...
Select Medical Rises 50.2% YTD: Take Profits or Bet on More Gains?
ZACKS· 2024-09-19 15:21
The healthcare player, Select Medical Holdings Corporation (SEM) , has seen its shares jump 50.2% in the year-to-date period, outpacing the industry's 47% growth. The company also outperformed the broader S&P 500 Index's return of 18.1%. Currently trading at $35.30, SEM's price is nearing the upper end of its 52-week range of $21.28 to $40.50. Given this performance so far, can investors still consider holding on to Select Medical stock, or should you book profits? SEM's YTD Price Performance Image Source: ...
Select Medical Agrees to Acquire Valir Rehabilitation Hospital
ZACKS· 2024-09-05 17:31
Select Medical Holdings Corporation (SEM) recently inked an agreement to acquire Valir Rehabilitation Hospital from Valir Health. The hospital is a 50-bed inpatient rehabilitation facility located in Oklahoma City. The financial details of the deal were kept under wraps. This move bodes well for Select Medical as it will expand its footprint in Oklahoma City. The buyout seems to be a time-opportune move on the part of Select Medical as this region is witnessing a growing demand for inpatient rehabilitative ...
Select Medical to Acquire Oklahoma-based Valir Rehabilitation Hospital
Prnewswire· 2024-09-04 14:00
MECHANICSBURG, Pa., Sept. 4, 2024 /PRNewswire/ -- Select Medical Corporation ("Select Medical") today announced the signing of a definitive agreement to purchase Valir Rehabilitation Hospital, a 50-bed inpatient rehabilitation facility in Oklahoma City, from Valir Health. Financial terms of the deal were not disclosed. "We are excited to bring best-in-class inpatient rehabilitative care to meet the demands of the growing Oklahoma City population," said Tom Mullin, president of Select Medical. "We are alread ...
Select Medical's (SEM) Stock Down 16.9% Despite Q2 Earnings Beat
ZACKS· 2024-08-06 18:20
Select Medical Holdings Corporation's (SEM) stock lost 16.9% since it reported second-quarter 2024 results on Aug 1, 2024. Although it beat estimates thanks to improving patient days in the Critical Illness Recovery and Rehabilitation units, investors might have been worried about an elevated expense level and declining visits in the Concentra unit. SEM reported second-quarter 2024 adjusted earnings per share (EPS) of 60 cents, which surpassed the Zacks Consensus Estimate by 1.7%. However, the bottom line d ...
Select Medical(SEM) - 2024 Q2 - Earnings Call Transcript
2024-08-03 15:00
Select Medical Holdings Corporation (NYSE:SEM) Q2 2024 Earnings Call Transcript August 2, 2024 9:00 AM ET Company Participants Robert Ortenzio - Executive Chairman & Co-Founder Martin Jackson - Senior EVP of Strategic Finance and Operations Conference Call Participants Ben Hendrix - RBC Capital Markets A.J. Rice - UBS Operator Good morning, and thank you for joining us today for Select Medical Holdings Corporation's earnings conference call to discuss the second quarter 2024 results and the Company's busine ...
Select Medical (SEM) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-08-01 23:20
Select Medical (SEM) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.69%. A quarter ago, it was expected that this hospital and rehabilitation center operator would post earnings of $0.55 per share when it actually produced earnings of $0.77, delivering a surprise of 40%. Over the ...
Select Medical(SEM) - 2024 Q2 - Quarterly Results
2024-08-01 20:43
Exhibit 99.1 FOR IMMEDIATE RELEASE 4714 Gettysburg Road Mechanicsburg, PA 17055 NYSE Symbol: SEM Select Medical Holdings Corporation Announces Results For Its Second Quarter Ended June 30, 2024 and Cash Dividend MECHANICSBURG, PENNSYLVANIA — August 1, 2024 — Select Medical Holdings Corporation ("Select Medical," "we," "us," or "our") (NYSE: SEM) today announced results for its second quarter ended June 30, 2024, and the declaration of a cash dividend. For the second quarter ended June 30, 2024, revenue incr ...
Select Medical(SEM) - 2024 Q2 - Quarterly Report
2024-08-01 20:32
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 June 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 (State or ...
Select Medical Holdings Corporation Announces Results For Its Second Quarter Ended June 30, 2024 and Cash Dividend
Prnewswire· 2024-08-01 20:30
MECHANICSBURG, Pa., Aug. 1, 2024 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical," "we," "us," or "our") (NYSE: SEM) today announced results for its second quarter ended June 30, 2024, and the declaration of a cash dividend. For the second quarter ended June 30, 2024, revenue increased 5.1% to $1,759.7 million, compared to $1,674.5 million for the same quarter, prior year. Income from operations was $157.8 million for the second quarter ended June 30, 2024, compared to $159.2 million fo ...