Universal Health Shares Drop 10% on Reported Q1 Earnings Miss

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Go back to Universal Health Shares Drop 10% on Reported Q1 Earnings Miss

UNIVERSAL HEALTH SERVICES, INC. ANNOUNCES 2022 FIRST QUARTER FINANCIAL RESULTS

April 25, 2022 4:16 PM EDT

Consolidated Results of Operations, As Reported and As Adjusted  Three-month periods ended March 31, 2022 and 2021:

KING OF PRUSSIA, Pa., April 25, 2022 /PRNewswire/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that its reported net income attributable to UHS was $153.9 million, or $2.02 per diluted share, during the first quarter of 2022, as compared to $209.1 million, or $2.43 per diluted share, during the first quarter of 2021. Net revenues increased by 9.3% to $3.293 billion during the first quarter of 2022 as compared to $3.013 billion during the first quarter of 2021.

As reflected on the Schedule of... More