KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Services Inc. (UHS) on Wednesday reported first-quarter earnings of $261.8 million.
The King Of Prussia, Pennsylvania-based company said it had profit of $3.82 per share. Earnings, adjusted for non-recurring gains, came to $3.70 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.14 per share.
The hospital and health facility operator posted revenue of $3.84 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $3.77 billion.
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