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Mar 31, 2021
Select Medical Q1 2021 Earnings Report
Announced results for its first quarter ended March 31, 2021 and the declaration of a cash dividend.
Key Takeaways
Select Medical Holdings Corporation reported a revenue increase of 9.3% to $1,546.5 million, with net income rising by 94.8% to $137.2 million and earnings per share increasing to $0.82 for the first quarter ended March 31, 2021.
Revenue increased 9.3% to $1,546.5 million compared to the same quarter prior year.
Net income increased 94.8% to $137.2 million compared to the same quarter prior year.
Earnings per common share increased to $0.82 compared to the same quarter prior year.
Adjusted EBITDA increased 37.9% to $258.3 million compared to the same quarter prior year.
Revenue by Segment
Forward Guidance
Select Medical is updating its business outlook following the reporting of its first quarter 2021 results. Select Medical now expects revenue for the full year of 2021 to be in the range of $5.7 billion to $5.9 billion and Adjusted EBITDA for the full year of 2021 to be in the range of $870.0 million to $900.0 million. Select Medical now expects earnings per common share for the full year of 2021 to be in the range of $2.41 to $2.58.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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