Univ Health Svc Stock Price, News & Analysis

Universal Health Services (UHS) reported a fourth-quarter net income of $174.8 million ($2.43 per share) for 2022, down from $239.1 million ($3.00 per share) in 2021. Despite a 5.2% increase in net revenues to $3.447 billion, adjusted net income decreased to $217.1 million ($3.02 per share) from $235.1 million ($2.95 per share) year-over-year. For the full year, UHS reported net income of $675.6 million ($9.14 per share), down from $991.6 million ($11.82 per share) in 2021. The company forecasted 2023 net revenues between $14.044 billion and $14.314 billion with adjusted EPS projected at $9.50 to $10.50.

Universal Health Services, Inc. (NYSE: UHS) will report its fourth quarter and full year earnings for the period ending December 31, 2022, on February 27, 2023, after market close. A conference call for investors and analysts is scheduled for 9:00 a.m. ET on February 28, 2023. The call will be accessible via a live webcast on the company's website. Universal Health Services is a leading hospital company, operating a network of acute care hospitals, behavioral health facilities, and ambulatory centers across the United States, the United Kingdom, and Puerto Rico.

Universal Health Services, Inc. (NYSE: UHS) has declared a cash dividend of $0.20 per share, set for payment on March 15, 2023. Shareholders on record by March 1, 2023 will be eligible for this dividend. UHS is a leading provider in the healthcare sector, operating various facilities including acute care hospitals and behavioral health facilities across the United States, Puerto Rico, and the United Kingdom.

Universal Health Services, Inc. (UHS) announced a cash dividend of $0.20 per share, payable on December 15, 2022. Shareholders must be on record by December 01, 2022. UHS is a leading provider of hospital and healthcare services, operating numerous facilities across the United States, Puerto Rico, and the United Kingdom.

Universal Health Services, Inc. (UHS) has announced that Steve Filton, the Executive Vice President and CFO, will participate in two upcoming healthcare conferences in November 2022. The first presentation is scheduled for November 10, 2022, at 11:00 a.m. ET, during the 31st Annual Credit Suisse Healthcare Conference in Rancho Palos Verdes, California. The second is on November 17, 2022, at 12:00 p.m. ET, at the 2022 Wolfe Research Healthcare Conference in New York City. Live webcasts will be available on the company's website, with replays accessible for 90 days.

Universal Health Services (UHS) reported a net income of $182.8 million ($2.50 per diluted share) for Q3 2022, down from $218.4 million ($2.60 per diluted share) in Q3 2021. Net revenues rose by 5.7% to $3.336 billion year-over-year. Adjusted net income was $185.8 million ($2.54 per diluted share), down from $224.1 million ($2.67 per diluted share) in 2021. EBITDA fell to $421.7 million from $441.5 million in the previous year. For the nine-month period, net income was $500.8 million ($6.71 per diluted share), compared to $752.5 million ($8.83 per diluted share) in 2021, while net revenues increased by 6.3% to $9.952 billion.

Universal Health Services, Inc. (UHS) has appointed Edward H. Sim as Executive Vice President and President of Acute Care, following Marvin Pember's retirement announcement. Sim, with nearly 30 years of experience, will oversee UHS Acute Care operations starting December 5. Marc D. Miller, President and CEO, highlighted Sim's background, including his role as COO at Centura Health, managing $5 billion in revenues. In 2021, UHS reported annual revenues of approximately $12.6 billion and continues to expand its healthcare services across the U.S. and abroad.

Universal Health Services, Inc. (NYSE: UHS) announced it will report its third-quarter results for the period ending September 30, 2022, after market close on October 25, 2022. A conference call for investors and analysts is scheduled for October 26, 2022, at 9:00 a.m. Eastern Time. The call will be webcast live via the company's website, with registration required for telephone participation. Universal Health Services is among the largest hospital companies in the U.S., operating acute care hospitals and behavioral health facilities across the U.S., U.K., and Puerto Rico.

Universal Health Services (NYSE: UHS) will have Steve Filton, Executive VP and CFO, participate in a fireside chat at Morgan Stanley's 20th Annual Global Healthcare Conference on September 14, 2022, at 1:30 PM EDT. A live audio webcast will be accessible on the company's website, with a replay available for 90 days after the event. UHS is a major player in healthcare management, operating over 400 facilities across 39 U.S. states, Washington D.C., the UK, and Puerto Rico, focusing on patient care needs for over 40 years.