Select Medical Holdings shares rose 3% in morning trading after the operator of specialty hospitals and outpatient rehabilitation clinics guided for full year revenue in line with Wall Street expectations.
Select Medical expects consolidated net operating revenues for the full year 2017 to be in the range of $4.4 billion to $4.6 billion. Analysts polled by Capital IQ are expecting $4.49 billion on average.
Select Medical expects fully diluted income per common share for the full year 2017 to be in the range of $0.73 to $0.91. Analysts are looking for $0.84.