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Barchart
Aditya Sarawgi

What You Need To Know Ahead of Universal Health's Earnings Release

Universal Universal Health UHS Universal Health Services

Pennsylvania-based Universal Health Services, Inc. (UHS) owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. With a market cap of $13.2 billion, Universal Health operates through Acute Care Hospital Services and Behavioral Health Care Services segments.

The healthcare giant is set to announce its third-quarter results after the market closes on Thursday, Oct. 23. Ahead of the event, analysts expect UHS to deliver an adjusted profit of $4.56 per share, up 22.9% from $3.71 per share reported in the year-ago quarter. The company has a mixed earnings surprise history. While it surpassed the Street’s bottom-line estimates thrice over the past four quarters, it missed the projections on one other occasion.

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