MECHANICSBURG, Pa. (AP) — MECHANICSBURG, Pa. (AP) — Select Medical Holdings Corp. (SEM) on Thursday reported third-quarter earnings of $48.2 million.
The Mechanicsburg, Pennsylvania-based company said it had profit of 38 cents per share. Earnings, adjusted for non-recurring costs, were 46 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.
The hospital and rehabilitation center operator posted revenue of $1.67 billion in the period.
Select Medical expects full-year earnings in the range of $1.85 to $2.02 per share, with revenue in the range of $6.55 billion to $6.7 billion.
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