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Jun 30, 2020
Select Medical Q2 2020 Earnings Report
Announced results for the second quarter, with revenue decrease partially offset by Provider Relief Fund payments.
Key Takeaways
Select Medical reported net operating revenues of $1,232.7 million for the second quarter ended June 30, 2020, compared to $1,361.4 million for the same quarter, prior year. Net income increased 12.5% to $67.5 million, and earnings per common share was $0.39 on a fully diluted basis.
Net operating revenues were $1,232.7 million, compared to $1,361.4 million for the same quarter, prior year.
Income from operations was $119.5 million, including $55.0 million from the Provider Relief Fund.
Net income increased 12.5% to $67.5 million compared to the same quarter, prior year.
Earnings per common share was $0.39 on a fully diluted basis, compared to $0.33 for the same quarter, prior year.
Revenue by Segment
Forward Guidance
Select Medical will host a conference call regarding its second quarter results, as well as its business outlook and the impact of the COVID-19 pandemic on each of its reportable segments, on Friday, July 31, 2020, at 9:00am ET.
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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