NYSE$SEM

Select Medical Holdings Corporation · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Select Medical's financial performance improved in Q1 2020, marked by revenue growth and increased profitability across multiple segments.

Select Medical Holdings Corporation reported a strong first quarter for 2020, with a 6.8% increase in net operating revenues to $1,414.6 million and a 32.1% increase in net income to $70.4 million. Earnings per share increased to $0.40, and adjusted earnings per share was $0.37.

  • Net operating revenues increased by 6.8% to $1,414.6 million compared to the prior year.
  • Net income rose by 32.1% to $70.4 million compared to the same quarter last year.
  • Earnings per share increased to $0.40 on a fully diluted basis.
  • Adjusted EBITDA increased by 10.1% to $187.3 million.

Headline financials

Total Revenue

$1.41B

Previous: $1.32B+6.8%
EPS (adj)

$0.37

Previous: $0.27+37.0%
Free Cash Flow

$53.1M

Previous: $40.8M+30.1%
Net Income

$53.1M

Previous: $40.8M+30.1%
Operating Income

$129M

Previous: $112M+15.2%
Gross Profit

-$1.2B

Previous: $2.49M-48346.4%
Cash & Equivalents

$73.2M

Previous: $148M-50.5%
Total Assets

$7.12B

Previous: $7.02B+1.3%
Stock-Based Comp

$6.9M

Previous: $6.26M+10.4%

Revenue & EPS history

Select Medical · Revenue · Quarterly

$1.41B

Q1 2020+6.8%vs Q1 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Select Medical · $938M total across 3 segments · Q1 2020

  • Critical Illness Recovery
    $501M+9.4%
  • Outpatient Rehabilitation
    $255M+3.4%
  • Rehabilitation Hospital
    $182M+17.7%

Forward guidance

Select Medical did not provide specific forward guidance in this earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.3%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+0.5%

Avg return

30 days after

49%

32 / 65 earnings

Positive

+18.8%

Q3 2018

Best reaction

-22.2%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%+0.1%+0.7%
Q4 2025-6.5%-7.3%+1.1%
Q3 2025-5.8%-5.1%+9.1%
Q1 2025-22.2%-17.7%-16.2%
Q4 2024-7.2%-2.9%-13.1%
Q3 2024+9.4%+13.3%+19.3%
Q2 2024-14.0%-17.2%-9.3%
Q1 2024+12.3%+17.0%+23.5%
Q4 2023+6.7%+4.6%+7.7%
Q3 2023-1.2%-2.7%+3.9%
Q2 2023-1.3%-2.5%-4.3%
Q1 2023+4.8%-0.8%-2.8%
Q4 2022-7.8%-9.1%-17.6%
Q3 2022-6.5%-10.9%+0.9%
Q2 2022-4.1%-11.1%-14.7%
Q1 2022+0.9%-4.2%+10.6%
Q4 2021+1.1%+2.2%+3.5%
Q3 2021+2.4%-0.9%-18.4%
Q2 2021-3.3%-6.9%-7.7%
Q1 2021-2.5%-3.1%+4.9%
Q4 2020+10.5%+16.9%+20.5%
Q3 2020-1.7%+8.5%+15.4%
Q2 2020+13.1%+14.7%+21.2%
Q1 2020-15.3%-12.9%-6.3%
Q4 2019+8.9%-0.1%-55.6%
Q3 2019+5.7%+10.6%+22.9%
Q2 2019-5.8%-5.8%-3.1%
Q1 2019+1.7%+3.0%-1.3%
Q4 2018+0.1%-4.8%-10.1%
Q3 2018+18.8%+21.2%+16.9%
Q2 2018-5.0%-7.5%-6.6%
Q1 2018-4.4%-3.5%-2.9%
Q4 2017+11.2%+11.4%+7.8%
Q3 2017-7.8%-9.4%-6.5%
Q2 2017+8.6%+12.7%+18.7%
Q1 2017+5.9%+1.1%+3.7%
Q4 2016+9.6%+11.6%-3.1%
Q3 2016-8.2%-6.1%-1.2%
Q2 2016+10.6%+6.3%+9.3%
Q1 2016-4.5%
Q4 2015+10.9%
Q3 2015+5.0%
Q2 2015+0.1%
Q1 2015+0.0%
Q4 2014-5.2%
Q3 2014+11.3%
Q2 2014-12.4%
Q1 2014+0.5%
Q4 2013+1.7%
Q3 2013+1.1%
Q2 2013+1.3%
Q1 2013-2.5%
Q4 2012+4.0%
Q3 2012+10.0%
Q2 2012+9.1%
Q1 2011-3.2%
Q1 2012+1.1%
Q4 2009-0.4%
Q4 2011-0.4%
Q3 2010-2.4%
Q3 2011-2.4%
Q4 2010-15.8%
Q2 2010-15.8%
Q2 2011-15.8%
Q1 2010-7.2%

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