Universal Health Services, Inc. (UHS) reported a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $316.68 million, or $4.80 per share. This compares with $261.83 million, or $3.82 per share, last year.
Excluding items, Universal Health Services, Inc. reported adjusted earnings of $319.50 million or $4.84 per share for the period.
Analysts on average had expected the company to earn $4.35 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 6.7% to $4.099 billion from $3.843 billion last year.
Universal Health Services, Inc. earnings at a glance (GAAP) :
-Earnings: $316.68 Mln. vs. $261.83 Mln. last year.
-EPS: $4.80 vs. $3.82 last year.
-Revenue: $4.099 Bln vs. $3.843 Bln last year.
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