Investing.com - Select Medical reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Select Medical announced earnings per share of $0.21 on revenue of $1.57B. Analysts polled by Investing.com anticipated EPS of $0.50 on revenue of $1.57B.
Select Medical shares are down 12% from the beginning of the year and are trading at $18.15 , down-from-52-week-high.
Select Medical shares lost 23.55% in after-hours trade the report.
Select Medical follows other major Healthcare sector earnings this month
Select Medical's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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