Welcome to our dedicated page for Univ Health Svc news (Ticker: UHS), a resource for investors and traders seeking the latest updates and insights on Univ Health Svc stock.
Universal Health Services, Inc. (UHS) is a New York Stock Exchange–listed hospital and healthcare services company that describes itself as one of the nation’s largest providers of hospital and healthcare services. Through its subsidiaries, UHS operates acute care hospitals, behavioral health facilities, outpatient facilities, ambulatory centers and ambulatory care access points across the United States, Puerto Rico and the United Kingdom.
This news page for UHS stock aggregates company-specific announcements and media releases so readers can follow developments affecting the business and its shares. UHS regularly issues press releases on quarterly and year-to-date financial results, revisions to its full-year operating results forecast, dividend declarations and changes to its stock repurchase program authorization.
Investors can also find news about UHS’s participation in healthcare investor conferences, including presentations by senior executives, as well as announcements regarding earnings release dates and related conference calls and webcasts. The company’s communications often highlight operating trends in its acute care and behavioral health segments, liquidity and borrowing capacity under its revolving credit facility, and other financial and operational metrics.
In addition, UHS uses news releases to discuss corporate and governance matters, such as appointments to leadership roles and recognition in rankings like the Fortune 500, the Forbes Global 2000 and Fortune’s World’s Most Admired Companies. By reviewing the UHS news feed, readers can monitor financial updates, capital allocation decisions, facility-related developments and other events that the company identifies as important to shareholders and the broader market.
Universal Health Services, Inc. (UHS) announces that it will release its second quarter earnings results for the period ending June 30, 2022, after market close on July 25, 2022. An investor conference call is scheduled for 9:00 a.m. ET on July 26, 2022. The presentation will be available via a live webcast on the company's website, with a replay accessible for one year post-event. UHS is a major hospital operator in the United States, UK, and Puerto Rico, encompassing acute care and behavioral health facilities.
Universal Health Services, Inc. (UHS) revised its 2022 financial forecast, citing a significant decline in operating results during April and May. The adjusted net income per diluted share is now estimated at $2.05 to $2.15 for Q2, driven by lower patient volumes and revenues at acute care hospitals, mainly due to a decline in COVID-related patients. The new projections indicate net revenues of approximately $13.235 billion to $13.371 billion, down 1.4% to 2.4% from previous estimates. Adjusted EBITDA is projected at $1.635 billion to $1.712 billion, and Adjusted EPS-diluted at $9.60 to $10.40, representing decreases of 19.3% from prior forecasts.
Universal Health Services, Inc. (NYSE: UHS) announced that Steve Filton, Executive Vice President and Chief Financial Officer, will engage in a fireside chat at the Goldman Sachs 43rd Annual Global Healthcare Conference on June 13, 2022, at 2:00pm PT. A live audio webcast of the presentation will be accessible on the company's website, with a replay available for 90 days post-conference. UHS operates 404 inpatient and outpatient facilities across the U.S., Washington D.C., the UK, and Puerto Rico, dedicated to meeting healthcare needs in local communities.
Universal Health Services announced a cash dividend of $0.20 per share, payable on June 15, 2022, to shareholders of record as of June 1, 2022. UHS continues to operate over 404 facilities across the U.S., including acute care and behavioral health hospitals. The company emphasizes its commitment to meeting healthcare needs across the country, highlighting its extensive network and community focus.
Universal Health Services (NYSE: UHS) announced that CFO Steve Filton will present at two upcoming healthcare conferences. The first presentation is on May 17, 2022, at 9:30 a.m. (ET) during the RBC Capital Markets 2022 Healthcare Conference in New York. The second presentation is on May 23, 2022, at 10:00 a.m. (ET) at the UBS 2022 Global Healthcare Conference, also in New York. Live audio webcasts will be available on their website and replays will last for 90 days after each conference.
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.