Universal Health Services, Inc. (NYSE:UHS) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 1.92 per share.
For the full year, analysts predict revenues of $ 11283.70 million, while looking forward to income of $ 9.31 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 11,960.00 million ~ $ 12,116.00 million, where as bottomline are predicted in a range of $ 10.30 ~ $ 11.00 per share
Click Here For More Historical Outlooks Of Universal Health Services, Inc.
Previous Quarter Performance
Universal Health Services, Inc. unfold income for the second quarter of $ 2.93 per share, from the revenue of $ 2,730.00 million. Wall street analysts are predicting, UHS to report 2Q20 income of $ 0.74 per share from revenue of $ 2450.00 million. The bottom line results beat street analysts by $ 2.19 or 295.95 percent, at the same time, top line results outshined analysts by $ 280.00 million or 11.43 percent.
Stock Performance
Shares of Universal Health Services, Inc. traded low $ -5.02 or -4.51 percent on Wednesday, reaching $ 106.37 with volume of 758.20 thousand shares. Universal Health Services, Inc. has traded high as $ 110.24 and has cracked $ 105.78 on the downward trend
According to the previous trading day, closing price of $ 106.37, representing a 70.84 % increase from the 52 week low of $ 65.20 and a 24.87 % decrease over the 52 week high of $ 148.27.
The company has a market capital of $ 9.04 billion and is part of the Healthcare sector and Medical Care industry.
Recent Analyst recommendations
- On 21st September 2020, downgraded by JPMorgan Chase & Co. to Underweight from Neutral rating, with $ 115.00 target price.
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.
