Select Medical Holdings Corp reports results for the quarter ended June 30 - Earnings Summary

• Select Medical Holdings Corp SEM.N reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of six analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 20 cents to 31 cents per share.

• Revenue fell 23.9% to $1.34 billion from a year ago; analysts expected $1.34 billion.

• Select Medical Holdings Corp's reported EPS for the quarter was 32 cents​.

• The company reported quarterly net income of $40.57 million.

• Select Medical Holdings Corp shares had fallen by 4.6% this quarter and lost 23.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the healthcare facilities & services peer group is also "buy"

• Wall Street's median 12-month price target for Select Medical Holdings Corp is $21.00, about 29.6% above its last closing price of $14.79

This summary was machine generated from LSEG data July 31 at 10:27 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)