Select Medical Holdings Corporation (NYSE:SEM) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Select Medical Holdings Corporation Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 12.9% to $0.27 in the quarter versus EPS of $0.31 in the year-earlier quarter.
Revenue: Rose 0.87% to $756.7 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Select Medical Holdings Corporation reported adjusted EPS income of $0.27 per share. By that measure, the company beat the mean analyst estimate of $0.24. It beat the average revenue estimate of $752.84 million.
Key Stats (on next page)…
Revenue increased 0.9% from $749.96 million in the previous quarter. EPS increased 8% from $0.25 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.20 to a profit $0.21. For the current year, the average estimate has moved down from a profit of $0.92 to a profit of $0.91 over the last ninety days.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)