$2.00 EPS Expected for Universal Health Services, Inc. Class B (UHS) This Quarter

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Brokerages expect Universal Health Services, Inc. Class B (NYSE:UHS) to announce earnings of $2.00 per share for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for Universal Health Services, Inc. Class B’s earnings. The highest EPS estimate is $2.09 and the lowest is $1.88. Universal Health Services, Inc. Class B reported earnings per share of $1.64 in the same quarter last year, which would suggest a positive year over year growth rate of 22%. The company is scheduled to issue its next quarterly earnings results after the market closes on Thursday, October 25th.

According to Zacks, analysts expect that Universal Health Services, Inc. Class B will report full year earnings of $9.51 per share for the current fiscal year, with EPS estimates ranging from $9.43 to $9.64. For the next fiscal year, analysts anticipate that the firm will report earnings of $10.29 per share, with EPS estimates ranging from $9.78 to $10.56. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Universal Health Services, Inc. Class B.

Universal Health Services, Inc. Class B (NYSE:UHS) last announced its quarterly earnings results on Wednesday, July 25th. The health services provider reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.39 by $0.08. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.72 billion. Universal Health Services, Inc. Class B had a net margin of 7.68% and a return on equity of 15.74%. The business’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period last year, the firm posted $1.94 earnings per share.

UHS has been the topic of a number of recent analyst reports. BMO Capital Markets cut shares of Universal Health Services, Inc. Class B from an “outperform” rating to a “market perform” rating and set a $130.00 price target on the stock. in a research report on Wednesday, August 1st. TheStreet raised shares of Universal Health Services, Inc. Class B from a “c+” rating to a “b” rating in a research report on Monday, July 23rd. Zacks Investment Research raised shares of Universal Health Services, Inc. Class B from a “hold” rating to a “buy” rating and set a $139.00 price target on the stock in a research report on Monday, August 6th. Morgan Stanley lifted their price target on shares of Universal Health Services, Inc. Class B from $120.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Friday, July 27th. Finally, Goldman Sachs Group cut shares of Universal Health Services, Inc. Class B from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research report on Wednesday, July 18th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Universal Health Services, Inc. Class B presently has a consensus rating of “Buy” and an average price target of $135.27.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. lifted its position in Universal Health Services, Inc. Class B by 62.7% during the 1st quarter. Russell Investments Group Ltd. now owns 62,592 shares of the health services provider’s stock worth $7,433,000 after buying an additional 24,116 shares in the last quarter. Sei Investments Co. lifted its position in Universal Health Services, Inc. Class B by 47.0% during the 1st quarter. Sei Investments Co. now owns 26,315 shares of the health services provider’s stock worth $3,116,000 after buying an additional 8,415 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in Universal Health Services, Inc. Class B during the 1st quarter worth about $413,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in Universal Health Services, Inc. Class B by 82.2% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 32,938 shares of the health services provider’s stock worth $3,900,000 after buying an additional 14,865 shares in the last quarter. Finally, A.R.T. Advisors LLC bought a new stake in Universal Health Services, Inc. Class B during the 1st quarter worth about $1,303,000. 87.35% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE UHS opened at $125.79 on Wednesday. The firm has a market cap of $11.73 billion, a PE ratio of 16.90, a PEG ratio of 1.18 and a beta of 0.83. Universal Health Services, Inc. Class B has a twelve month low of $95.26 and a twelve month high of $132.63. The company has a current ratio of 1.30, a quick ratio of 1.20 and a debt-to-equity ratio of 0.72.

Universal Health Services, Inc. Class B Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Earnings History and Estimates for Universal Health Services, Inc. Class B (NYSE:UHS)

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