Universal Health Services Inc reports results for the quarter ended in September 30 - Earnings Summary

Universal Health Services

27/10/2024 15:50

* Universal Health Services Inc  UHS.N  reported quarterly
adjusted earnings of $3.71​​ per share for the quarter ended
September 30, higher than the same quarter last year, when the
company reported EPS of $2.55.  The mean expectation of
seventeen analysts for the quarter was for earnings of $3.65 per
share. Wall Street expected results to range from $3.25 
to $4.09 per share.
    * Revenue rose 11.2% to $3.96 billion from a year ago;
analysts
expected $3.90 billion. 
    * Universal Health Services Inc's reported EPS for the
quarter was
$3.80​.
    * The company reported quarterly net income of $258.71
million.
    * Universal Health Services Inc shares had fallen by 1.9%
this
quarter and gained 47.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Universal Health
Services Inc is $240.00 
This summary was machine generated from LSEG data October 27 at
03:50 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
 Sep. 30 2024      3.65           3.71           Beat
 Jun. 30 2024      3.28           4.31           Beat
 Mar. 31 2024      3.15           3.70           Beat
 Dec. 31 2023      2.89           3.13           Beat