Universal Health Services: Q2 Earnings Snapshot
KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Services Inc. (UHS) on Monday reported second-quarter net income of $353.2 million.
The King Of Prussia, Pennsylvania-based company said it had profit of $5.43 per share. Earnings, adjusted for non-recurring gains, came to $5.35 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.85 per share.
The hospital and health facility operator posted revenue of $4.28 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $4.22 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UHS at https://www.zacks.com/ap/UHS
For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.