Select Medical Holdings (SEM) Misses Q4 EPS by 1c, Revenues Miss; Offers FY19 EPS Mid-Point Guidance Below Consensus
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Select Medical Holdings Corporation Announces Results For Its Fourth Quarter and Year Ended December 31, 2018
February 21, 2019 4:30 PM ESTMECHANICSBURG, Pa., Feb. 21, 2019 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical") (NYSE: SEM) today announced results for its fourth quarter and year ended December 31, 2018.
For the fourth quarter ended December 31, 2018, net operating revenues increased 15.6% to $1,264.7 million, compared to $1,094.2 million for the same quarter, prior year. Income from operations increased 15.6% to $88.3 million for the fourth quarter ended December 31, 2018, compared to $76.4 million for the same quarter, prior year. Net income was $29.7 million for the fourth quarter ended December 31, 2018, compared to $121.1 million for the same quarter, prior year. For the fourth quarter ended... More
