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StockNews.com
StockNews.com
Business
Rjkumari Saxena

Should You Add Universal Health Services to Your Portfolio?

Universal Health Services, Inc. (UHS) owns and operates acute care hospitals and outpatient and behavioral health care facilities. The company operates through the Acute Care Hospital Services and Behavioral Health Care Services segments. UHS' solid financial results in the last reported quarter exceeded analysts’ expectations.

The company’s revenue came in at $3.91 billion, surpassing analysts’ estimate of $3.87 billion. Also, its consensus EPS estimate of $4.31 beat the street expectations of $3.32. Further, for the upcoming quarter, analysts expect the company’s EPS and revenue for the period (ending September 2024) to increase 45.4% and 9.7% year-over-year to $3.71 and $3.91 billion, respectively.

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