Universal Health (UHS) Tops Q2 EPS by 22c

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Go back to Universal Health (UHS) Tops Q2 EPS by 22c

Leerink Partners Raises Price Target on Universal Health (UHS) Following 2Q EPS Beat

August 3, 2015 9:41 AM EDT

Leerink Partners reiterated an Outperform rating on Universal Health Services (NYSE: UHS), and raises the price target to $165.00 (from $155.00), following 2Q results. 2Q EBITDA of $433MM and Adj. EPS at $1.85 beat consensus at $404MM and $1.63 respectively. 2015 EPS guidance was raised by 9% to $6.75-7.15 which implies the EBITDA guidance raise by ~$100MM to $1,700MM at mean.

Analyst Ana Gupte commented, "UHS posted a strong 2Q with top & bottom-line beats. Solid beat on Same... More