Select Medical (NYSE:SEM – Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.090-2.200 for the period, compared to the consensus earnings per share estimate of 1.860. The company issued revenue guidance of $7.0 billion-$7.2 billion, compared to the consensus revenue estimate of $7.0 billion.
Select Medical Stock Down 2.6 %
NYSE SEM traded down $0.84 on Thursday, reaching $32.01. The company had a trading volume of 946,954 shares, compared to its average volume of 597,744. Select Medical has a 52-week low of $21.28 and a 52-week high of $40.50. The company’s fifty day moving average is $34.30 and its 200 day moving average is $33.93. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 2.11. The stock has a market capitalization of $4.16 billion, a P/E ratio of 15.71, a P/E/G ratio of 1.96 and a beta of 1.41.
Select Medical (NYSE:SEM – Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The health services provider reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.01). The business had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Select Medical had a return on equity of 17.50% and a net margin of 3.91%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.61 EPS. Sell-side analysts anticipate that Select Medical will post 2.03 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Analysis on SEM
Select Medical Company Profile
Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. It operates in four segments: Critical Illness Recovery Hospital, Rehabilitation Hospital, Outpatient Rehabilitation, and Concentra.
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