Universal Health Services Inc reports results for the quarter ended in March - Earnings Summary
Universal Health Services Inc UHS reported quarterly adjusted earnings of $3.70 per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $2.34. The mean expectation of sixteen analysts for the quarter was for earnings of $3.16 per share. Wall Street expected results to range from $2.89 to $3.45 per share.
Revenue rose 10.8% to $3.84 billion from a year ago; analysts expected $3.77 billion.
Universal Health Services Inc's reported EPS for the quarter was $3.82.
The company reported quarterly net income of $261.83 million.
Universal Health Services Inc shares had fallen by 9.6% this quarter and gained 8.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 13.9% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the healthcare facilities & services peer group is "hold."
Wall Street's median 12-month price target for Universal Health Services Inc is $187.00
This summary was machine generated from LSEG data April 24 at 09:48 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Mar. 31 2024 | 3.16 | 3.70 | Beat |
Dec. 31 2023 | 2.88 | 3.13 | Beat |
Sep. 30 2023 | 2.36 | 2.55 | Beat |
Jun. 30 2023 | 2.43 | 2.53 | Beat |