Universal Health (UHS) Misses Q3 EPS by 19c, Lowers FY EPS Guidance

Go back to Universal Health (UHS) Misses Q3 EPS by 19c, Lowers FY EPS Guidance

Universal Health Services, Inc. Reports 2017 Third Quarter Financial Results and Revises 2017 Full Year Earnings Guidance

October 25, 2017 4:16 PM EDT

KING OF PRUSSIA, Pa., Oct. 25, 2017 /PRNewswire/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that its reported net income attributable to UHS was $141.2 million, or $1.47 per diluted share, during the third quarter of 2017 as compared to $151.9 million, or $1.54 per diluted share, during the comparable quarter of 2016.  Net revenues increased 5.5% to $2.54 billion during the third quarter of 2017 as compared to $2.41 billion during the third quarter of 2016.

Our financial results for three and nine-month periods ended September 30, 2017 were unfavorably impacted by an after-tax aggregate of approximately $14 million to $15 million ($22 million to $24... More