Select Medical Hldgs Q3 2024 Adj. EPS $0.50 Beats $0.43 Estimate, Sales $1.761B Beat $1.737B Estimate
Portfolio Pulse from Benzinga Newsdesk
Select Medical Holdings reported Q3 2024 earnings per share of $0.50, surpassing the analyst estimate of $0.43. The company's sales reached $1.761 billion, exceeding the expected $1.737 billion and marking a 5.70% increase from the previous year.
October 31, 2024 | 8:34 pm
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Select Medical Holdings reported better-than-expected Q3 2024 earnings and revenue, with EPS of $0.50 beating estimates by 16.28% and sales of $1.761 billion surpassing expectations by 1.40%.
The company's earnings per share and revenue both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant beat on EPS and the year-over-year sales growth suggest strong operational performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100