Welcome to our dedicated page for Universal Health Services Class B news (Ticker: $UHS), a resource for investors and traders seeking the latest updates and insights on Universal Health Services Class B stock.
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Rhea-AI Summary
Universal Health Services, Inc. reported strong financial results for the first quarter of 2024, with net income of $261.8 million and net revenues up by 10.8% to $3.844 billion. Adjusted net income was $253.1 million, showing significant growth compared to the previous year. Acute care services saw increased admissions and revenue, while behavioral health care services also showed growth. Operating activities provided $396 million in net cash, and the company had $733 million in available borrowing capacity. A stock repurchase program was active during the quarter, with 700,000 shares repurchased. An investor conference call is scheduled for April 25, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
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Rhea-AI Summary
Universal Health Services, Inc. (NYSE: UHS) will be presenting at the RBC Capital Markets Global Healthcare Conference in New York on May 14, 2024, and at the Leerink Partners Healthcare Crossroads Conference in Austin on May 29, 2024. The company, a leading healthcare service provider, operates hospitals, behavioral health facilities, and outpatient centers in the US, Puerto Rico, and the UK.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
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Rhea-AI Summary
Universal Health Services, Inc. (UHS) will release its first-quarter results on March 31, 2024. The conference call for investors and analysts will be held on April 25, 2024, at 9:00 a.m. Eastern time. UHS operates hospitals, behavioral health facilities, and ambulatory centers in the US, UK, and Puerto Rico.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
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Rhea-AI Summary
Universal Health Services, Inc. (UHS) reports a rise in net income and revenues for the fourth quarter of 2023 compared to 2022. Adjusted net income shows a slight decrease. The company's EBITDA and adjusted EBITDA also display growth. For the full year 2023, UHS shows an increase in net income and revenues compared to 2022. The company's operating activities provide positive cash flow, with an increase in liquidity. UHS has an ongoing stock repurchase program and a forecast for 2024 indicates expected growth in net revenues and earnings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
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Rhea-AI Summary
Universal Health Services, Inc. (UHS) will be presenting at two healthcare conferences in March 2024. Steve Filton, EVP, and CFO will present at the TD Cowen 44th Annual Health Care Conference and the Barclays 26th Annual Global Healthcare Conference. UHS is a leading provider of hospital and healthcare services in the US, Puerto Rico, and the UK.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
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Rhea-AI Summary
Universal Health Services, Inc. (UHS) will report Q4 and full year 2023 results on Feb 27, 2024. The company operates hospitals, behavioral health facilities, and ambulatory centers in the US, UK, and Puerto Rico. A conference call for investors and analysts is scheduled for Feb 28, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
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Rhea-AI Summary
Universal Health Services, Inc. (UHS) has declared a cash dividend of $0.20 per share to be paid on March 15, 2024, to shareholders of record as of March 01, 2024. UHS is a leading provider of hospital and healthcare services, operating in the United States, Puerto Rico, and the United Kingdom.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
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Rhea-AI Summary
Universal Health Services, Inc. (NYSE: UHS) announced a cash dividend of $0.20 per share on December 15, 2023, for shareholders of record as of December 01, 2023. UHS is a leading provider of hospital and healthcare services in the US, Puerto Rico, and the UK.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.17%
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Rhea-AI Summary
Universal Health Services reports net income of $167.0 million for Q3 2023, a decrease from $182.8 million in Q3 2022. Net revenues increase by 6.8% to $3.563 billion. Adjusted net income was $177.5 million, or $2.55 per diluted share. Net revenues for the first nine months of 2023 increased by 6.3% to $10.578 billion. FAQ: [{'q': 'What was the net income for Q3 2023?', 'a': 'The net income for Q3 2023 was $167.0 million.'}, {'q': 'What were the net revenues for the first nine months of 2023?', 'a': 'The net revenues for the first nine months of 2023 were $10.578 billion.'}, {'q': 'What was the adjusted net income for Q3 2023?', 'a': 'The adjusted net income for Q3 2023 was $177.5 million.'}]
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
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Rhea-AI Summary
Universal Health Services, Inc. announces date for third quarter 2023 earnings release and conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
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Universal Health Services, Inc. Class B
NYSE:UHS
UHS Rankings
UHS Stock Data
11.29B
57.78M
3.96%
98.68%
2.17%
General Medical and Surgical Hospitals
Health Care and Social Assistance
United States of America
KING OF PRUSSIA
About UHS
about uhs universal health services, inc. (uhs) is one of the nation's largest and most respected healthcare management companies, operating through its subsidiaries acute care hospitals, behavioral health facilities and ambulatory centers nationwide. founded in 1978, uhs subsidiaries now have more than 65,000 employees. the uhs business strategy is to build or purchase healthcare properties in rapidly growing markets and create a strong franchise based on exceptional service and effective cost control. our success comes from a responsive management style and a service philosophy based on integrity, competence and compassion.