KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Services Inc. (UHS) on Wednesday reported second-quarter profit of $289.2 million.
On a per-share basis, the King Of Prussia, Pennsylvania-based company said it had net income of $4.26. Earnings, adjusted for non-recurring costs, came to $4.31 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.37 per share.
The hospital and health facility operator posted revenue of $3.91 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $3.85 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UHS at https://www.zacks.com/ap/UHS