04:41 AM EDT, 08/02/2024 (MT Newswires) -- Select Medical ( SEM ) reported Q2 adjusted earnings late Thursday of $0.60 per diluted share, down from $0.61 a year earlier.

Three analysts polled by Capital IQ expected $0.61.

Revenue for the quarter ended June 30 was $1.76 billion, up from $1.67 billion a year earlier.

Three analysts surveyed by Capital IQ expected $1.74 billion.

Reaffirming its 2024 outlook, the company said adjusted earnings will likely be $1.96 to $2.20 per share. Analysts surveyed by Capital IQ expect $2.12.

The company expects full-year revenue of $6.9 billion to $7.1 billion. Analysts polled by Capital IQ expect $7.01 billion.

Shares of the company traded 3% lower in after-hours activity.

Price: 38.00, Change: -1.18, Percent Change: -3.01