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

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

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