Select Medical Down 5% Despite Q3 Earnings Beat on Patient Volumes

Key Takeaways SEM reported Q3 EPS of 23 cents, beating estimates but falling 11.5% year over year.Revenues rose 7.2% to $1.4 billion, lifted by strength in Rehabilitation Hospital and higher visits. Adjusted EBITDA rose 7.5% year over year to $111.7 million amid cost pressures. Shares of Select Medical Holdings Corporation (SEM) have declined 5.4% since it reported third-quarter 2025 results on Oct. 30. The quarterly results were affected by an elevated expense level. Additionally, a decline in patient days ...