Universal Health Services, Inc. Reports 2019 Second Quarter Financial Results And Increases To Stock Repurchase Program And Cash Dividend

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Universal Health (UHS) Tops Q2 EPS by 26c, Revenues Beat; Board Authorizes $1B Share Buyback

July 25, 2019 4:20 PM EDT

Universal Health (NYSE: UHS) reported Q2 EPS of $2.76, $0.26 better than the analyst estimate of $2.50. Revenue for the quarter came in at $2.86 billion versus the consensus estimate of $2.81 billion.

Reported net income attributable to UHS was $238.3 million, or $2.66 per diluted share, during the second quarter of 2019 as compared to $226.1 million, or $2.39 per diluted share, during the comparable quarter of 2018. Net revenues increased 6.5% to $2.855 billion during... More