Univ Health Svc Stock Price, News & Analysis

Universal Health Services (UHS) reported a net income of $153.9 million or $2.02 per diluted share in Q1 2022, down from $209.1 million or $2.43 in Q1 2021. Net revenues rose by 9.3% to $3.293 billion. Adjusted net income was $163.5 million or $2.15 per share. EBITDA decreased to $368.3 million from $426.3 million. Staffing shortages and COVID-19 effects negatively impacted results. The company has also initiated a $1.4 billion stock repurchase program, having repurchased 2.65 million shares for approximately $350.2 million.

Universal Health Services (NYSE: UHS) will release its first-quarter results for the period ending March 31, 2022 on April 25, 2022, after market close. A conference call for investors and analysts is scheduled for 9:00 a.m. Eastern Time on April 26, 2022, accessible via dial-in at 1-877-648-7971. The call will also be broadcast live on the company's website, with a replay available for one year.

UHS operates extensive behavioral health facilities, acute care hospitals, and ambulatory centers across the U.S., Puerto Rico, and the United Kingdom.

Universal Health Services reported a net income of $239.1 million or $3.00 per diluted share for Q4 2021, down from $308.7 million or $3.60 per diluted share in Q4 2020. Net revenues increased by 6.1% to $3.275 billion. For the full year 2021, net income was $991.6 million, or $11.82 per diluted share, on revenues of $12.642 billion, reflecting a 9.4% increase. The company expects 2022 revenues between $13.424 billion and $13.694 billion and adjusted EBITDA of $1.830 billion to $1.927 billion.

Universal Health Services (NYSE: UHS) will participate in a virtual fireside chat at the 42nd Annual Cowen Health Care Conference on March 7, 2022, at 1:30 PM ET. Steve Filton, Executive Vice President and CFO, will represent the company. A live audio webcast of the event will be available on UHS's website, with replays accessible for 90 days post-conference. UHS is a leading hospital management company, operating 400 facilities in 38 states and abroad, dedicated to meeting healthcare needs in local communities for over 40 years.

Universal Health Services, Inc. (UHS) will report its fourth-quarter and full-year results for the period ended December 31, 2021, on February 24, 2022, after market close. A conference call for investors is scheduled for February 25, 2022, at 9:00 a.m. ET, with a dial-in option available. The call will also be accessible via a live broadcast on the company's website, and a replay will be available for one year post-call. UHS operates numerous behavioral health facilities, acute care hospitals, and ambulatory centers in the U.S., Puerto Rico, and the U.K.

Universal Health Services (NYSE: UHS) announced a cash dividend of $0.20 per share, payable on March 15, 2022, to shareholders of record as of March 1, 2022. With over 40 years in the industry, UHS operates 400 healthcare facilities across 38 U.S. states, Washington D.C., the UK, and Puerto Rico, focusing on enhancing patient care. The company continues to solidify its position as a leader in hospital management, demonstrating commitment to both community health and shareholder returns.

Universal Health Services (NYSE: UHS) will participate in the 40th Annual J.P. Morgan Healthcare Conference on January 11, 2022, at 7:30 a.m. ET. The presentation will be led by Steve Filton, Executive Vice President and CFO, and will be available via a live webcast on the company's website. For those unable to attend, a replay will be accessible for 90 days post-event. UHS operates over 400 healthcare facilities across 38 states and beyond, addressing diverse patient needs.

Provident Healthcare Partners announced its advisory role for Riverside Medical Clinic (RMC) in a partnership with Universal Health Services (UHS). RMC, a prominent multi-specialty physician practice in California with over 180 providers and a management services organization employing over 800 staff, aims to leverage this partnership for growth. UHS, recognized as one of the largest healthcare providers in the U.S., operates 26 acute care hospitals and 334 behavioral health facilities. The transaction’s financial terms were not disclosed, but both parties expressed optimism about the collaboration.

Universal Health Services (NYSE: UHS) announced that Steve Filton, Executive Vice President and CFO, will participate in a virtual fireside chat at the Stephens Annual Investment Conference on November 29, 2021, at 3:00 pm ET.

Investors can access a live audio webcast on the company's website, with replays available for 90 days post-conference. UHS, a leading hospital management company, operates 400+ facilities across the U.S., U.K., and Puerto Rico, focusing on healthcare needs in local communities.