Select Medical Hldgs: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Select Medical Holdings (NYSE:SEM) reported Q4 earnings, beating estimates with an EPS of $0.36 against the expected $0.35. Revenue increased by $78 million year-over-year. Despite beating this quarter, a miss in the previous quarter led to a 3% share price drop the following day. The company's performance over the past year shows fluctuations in EPS but consistent revenue growth.
February 22, 2024 | 9:50 pm
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Select Medical Holdings reported a positive Q4 earnings surprise, with an EPS of $0.36 against an expected $0.35, and a significant year-over-year revenue increase.
The positive earnings report, especially after a previous miss, could instill investor confidence and potentially lead to a short-term stock price increase. The year-over-year revenue growth further supports a positive outlook, although past performance indicates potential volatility.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100