Universal Health Services, Inc. Q2 adjusted earnings Beat Estimates

Universal Health Services, Inc. (UHS) revealed earnings for its second quarter that rose from the same period last year.

The company's bottom line totaled $325.02 million, or $3.79 per share. This compares with $251.93 million, or $2.95 per share, in last year's second quarter.

Excluding items, Universal Health Services, Inc. reported adjusted earnings of $322.30 million or $3.76 per share for the period.

Analysts had expected the company to earn $2.68 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.2% to $3.20 billion from $2.73 billion last year.

Universal Health Services, Inc. earnings at a glance:

-Earnings (Q2): $322.30 Mln. vs. $250.21 Mln. last year.
-EPS (Q2): $3.76 vs. $2.93 last year.
-Analysts Estimate: $2.68
-Revenue (Q2): $3.20 Bln vs. $2.73 Bln last year.

Full year EPS guidance: $11.46 - $12.16
Full year revenue guidance: $12.351 -$12.501 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT