earnings
confidence high
sentiment positive
materiality 0.80
Select Medical Q2 EPS $0.61 (+44% YoY), revenue up 5.7%; declares $0.125 dividend
SELECT MEDICAL HOLDINGS CORP
2023-Q2 EPS reported
$1.17
revenue$3,339,508,000
- Q2 revenue $1,674.5M (+5.7% YoY); net income $91.9M (+38.6% YoY); Adjusted EBITDA $219.5M (+21.3% YoY).
- Critical illness recovery hospital segment Adjusted EBITDA surged 227% to $65.5M; margin 11.4% vs 3.7%.
- Board declared $0.125/share cash dividend, payable Sep 1, 2023 to holders of record Aug 15.
- FY2023 outlook: revenue $6.55-6.7B, Adjusted EBITDA $795-825M, EPS $1.77-1.94, adjusted EPS $1.86-2.03.
- No shares repurchased in H1 2023; $1.0B buyback program expires Dec 31, 2023.