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Sep 30, 2020
Select Medical Q3 2020 Earnings Report
Announced results for its third quarter, showing revenue increase and significant net income growth.
Key Takeaways
Select Medical Holdings Corporation reported a 2.2% increase in net operating revenues to $1,423.9 million for the third quarter ended September 30, 2020. Net income increased by 137.2% to $104.5 million, and earnings per common share was $0.57 on a fully diluted basis.
Net operating revenues increased by 2.2% to $1,423.9 million compared to the same quarter last year.
Income from operations increased by 27.0% to $156.1 million compared to the same quarter last year.
Net income increased by 137.2% to $104.5 million compared to the same quarter last year.
Earnings per common share was $0.57 on a fully diluted basis, compared to $0.23 for the same quarter last year.
Revenue by Segment
Forward Guidance
Select Medical expects for the full year of 2020 consolidated net operating revenues to be in the range of $5.44 billion to $5.50 billion and Adjusted EBITDA for the full year of 2020 to be in the range of $745.0 million to $765.0 million. Select Medical now expects fully diluted earnings per common share for the full year 2020 to be in the range of $1.65 to $1.75 and adjusted earnings per common share for the full year 2020 to be in the range of $1.61 to $1.71.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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