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

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Universal Health Services, Inc. Reports 2015 Second Quarter Financial Results and Increases 2015 Full Year Earnings Guidance

July 30, 2015 5:01 PM EDT

KING OF PRUSSIA, Pa., July 30, 2015 /PRNewswire/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that its reported net income attributable to UHS was $182.2 million, or $1.80 per diluted share, during the second quarter of 2015 as compared to $151.7 million, or $1.51 per diluted share, during the comparable quarter of 2014.  Net revenues increased 10.9% to $2.28 billion during the second quarter of 2015 as compared to $2.05 billion during the second quarter of 2014.

For the three-month period ended June 30, 2015, our adjusted net income attributable to UHS, as calculated on the attached Schedule of Non-GAAP Supplemental Consolidated Statements of Income Information... More