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Select Medical Holdings Corporation Announces Results For Its Fourth Quarter and Year Ended December 31, 2020
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MECHANICSBURG, Pa., Feb. 25, 2021 /PRNewswire/ Select Medical Holdings Corporation ( Select Medical, we, us, or our ) (NYSE: SEM) today announced results for its fourth quarter and year ended December 31, 2020.
For the fourth quarter ended December 31, 2020, revenue increased 6.2% to $1,460.5 million, compared to $1,374.6 million for the same quarter, prior year. Income from operations increased 45.4% to $163.3 million for the fourth quarter ended December 31, 2020, compared to $112.4 million for the same quarter, prior year. Income from operations included other operating income of $36.2 million related to the recognition of payments received under the Provider Relief Fund. Net income increased 134.1% to $102.2 million for the fourth quarter ended December 31, 2020, compared to $43.7 million for the same q
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SALT LAKE CITY, Feb. 22, 2021 /PRNewswire/ Extra Space Storage Inc. (NYSE: EXR) (the Company ), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, announced operating results for the three months and year ended December 31, 2020.
Highlights for the three months ended December 31, 2020:
Achieved net income attributable to common stockholders of $1.19 per diluted share, representing a 38.4% increase compared to the same period in 2019.
Achieved funds from operations attributable to common stockholders and unit holders ( FFO ) of $1.48 per diluted share. FFO, excluding acceleration of share-based compensation expense due to retirement of an executive officer and adjustments for non-cash interest ( Core FFO ), was $1.48 per diluted share, representing a 16.5% increase compared to the same period in 2019.
Dividends
On December 10, 2020, the Company declared a regular quarterly cash dividend of $0.33 per share, representing a 10.9% increase year over year. The Q4 2020 dividend was paid on January 7, 2021 to stockholders of record as of the close of business on December 23, 2020 and it totaled in aggregate approximately $177.0 million.
2021 Guidance
The Company is providing estimated AFFO guidance for the full year 2021. The Company estimates AFFO for the year ending December 31, 2021 will be between $1,010.0 million and $1,035.0 million, or between $1.82 and $1.87 per diluted share. These per share estimates reflect the dilutive impact of the pending 26,900,000 forward sale shares, assuming settlement and the issuance of such shares on June 17, 2021, the maturity date of the agreement, and the dilutive effect prior to the expected settlement date as calculated under the treasury stock method. These estimates do not include the impact on operating results from any pending or possible
Tronox Reports Fourth Quarter and Full Year 2020 Financial Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.