Universal Health Services: Q4 Earnings Snapshot
KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Services Inc. (UHS) on Tuesday reported fourth-quarter profit of $216.4 million.
On a per-share basis, the King Of Prussia, Pennsylvania-based company said it had profit of $3.16. Earnings, adjusted for non-recurring gains, came to $3.13 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.02 per share.
The hospital and health facility operator posted revenue of $3.7 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $3.66 billion.
For the year, the company reported profit of $717.8 million, or $10.23 per share. Revenue was reported as $14.28 billion.
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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
