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MECHANICSBURG, Pa. - Select Medical (TASE:BLWV) Holdings Corporation (NYSE:SEM) reported fourth quarter earnings that beat estimates but revenue that fell short of expectations, sending shares down 11.8% in after-hours trading Thursday.
The healthcare company posted adjusted earnings per share of $0.18, topping the analyst consensus of $0.16. However, revenue of $1.31 billion missed Wall Street forecasts of $1.55 billion.
For the fourth quarter, Select Medical saw revenue increase 7.8% YoY to $1.31 billion. Adjusted EBITDA rose 3.8% to $116 million.
The company’s critical illness recovery hospital segment saw revenue grow 5.9% YoY to $600.4 million in Q4. The rehabilitation hospital segment posted 13.1% revenue growth to $294.4 million, while outpatient rehabilitation revenue increased 7.2% to $319.6 million.
Looking ahead, Select Medical provided full-year 2025 guidance for revenue of $5.4-$5.6 billion and adjusted earnings per share of $1.09-$1.19. The revenue outlook came in slightly above the consensus estimate of $5.38 billion.
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