Universal Health Services' Q1 results beat on strong performance across hospital segments

Universal Health Services

27/04/2026 21:26

Overview

US hospital operator's Q1 revenue rose 9.6%, beating analyst expectations

Adjusted EPS for Q1 beat consensus

Company repurchased $127.3 mln in stock during Q1

Outlook

Company did not provide specific guidance for the current quarter or full year

Result Drivers

ACUTE CARE PRICING - Net revenue per adjusted admission at acute care hospitals rose 6.3%, with net revenue per adjusted patient day up 5.5%, driving segment revenue growth despite flat admissions

BEHAVIORAL HEALTH PRICING - Net revenue per adjusted admission at behavioral health facilities increased 6.2%, with adjusted admissions up 1.2% and patient days up 1.6%

ACCOUNTS RECEIVABLE IMPROVEMENT - Operating cash flow benefited from a $95 mln favorable change in accounts receivable, partly due to prior-year delays in Medicaid supplemental payments

Company press release: ID:nPn21b4Rwa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$4.50 bln
$4.39 bln (14 Analysts)
Q1 Adjusted EPS
Beat
$5.62
$5.41 (15 Analysts)
Q1 EPS
$5.65
Q1 Adjusted Net Income
Beat
$346.50 mln
$326.93 mln (10 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 11 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the healthcare facilities & services peer group is "buy."

Wall Street's median 12-month price target for Universal Health Services Inc is $241.00, about 38.2% above its April 24 closing price of $174.35

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)