KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Services Inc. (UHS) on Wednesday reported fourth-quarter profit of $332.4 million.
The King Of Prussia, Pennsylvania-based company said it had net income of $4.96 per share. Earnings, adjusted for non-recurring gains, came to $4.92 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.19 per share.
The hospital and health facility operator posted revenue of $4.11 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $3.99 billion.
For the year, the company reported profit of $1.14 billion, or $16.82 per share. Revenue was reported as $15.83 billion.
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