Universal Health Services: Fourth Quarter Financial Overview
Universal Health Services Reports Fourth Quarter Financial Results
Universal Health Services Inc., headquartered in King of Prussia, Pennsylvania, announced a net income of $445.9 million for the fourth quarter.
The company’s earnings translated to $7.06 per share, while adjusted earnings, which exclude one-time gains, came in at $5.88 per share.
These adjusted earnings were slightly below the expectations of Wall Street analysts, who had anticipated $5.92 per share according to a survey by Zacks Investment Research.
During the same period, UHS generated $4.49 billion in revenue, surpassing analyst projections, which averaged $4.48 billion.
For the full year, Universal Health Services reported a total profit of $1.49 billion, or $23.10 per share, with annual revenue reaching $17.36 billion.
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