MECHANICSBURG, Pa. (AP) — MECHANICSBURG, Pa. (AP) — Select Medical Holdings Corp. (SEM) on Thursday reported fourth-quarter earnings of $27.5 million.
The Mechanicsburg, Pennsylvania-based company said it had net income of 22 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share.
The hospital and rehabilitation center operator posted revenue of $1.58 billion in the period.
For the year, the company reported profit of $159 million, or $1.23 per share. Revenue was reported as $6.33 billion.
Select Medical expects full-year revenue in the range of $6.5 billion to $6.7 billion.
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