Universal Health Services Revises 2019 Earnings Guidance - Quick Facts

(RTTNews) - Universal Health Services, Inc. (UHS) revised its estimated range of adjusted earnings guidance for the year ended December 31, 2019 to $9.60 to $9.90 per share as compared to the prior range of $9.70 to $10.40. Analysts polled by Thomson Reuters expect the company to report profit per share of $10.26. Analysts' estimates typically exclude special items.

For the third-quarter, adjusted earnings was $1.99 per share, as compared to $2.23, prior year. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $2.30, for the quarter.

Third-quarter net revenues increased 6.6% to $2.822 billion as compared to $2.649 billion during the third quarter of 2018. Analysts expected revenue of $2.77 billion for the quarter.