Universal Health Services, Inc. Q4 Profit Increases, beats estimates

(RTTNews) - Universal Health Services, Inc. (UHS) revealed a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $216.38 million, or $3.16 per share. This compares with $174.82 million, or $2.43 per share, in last year's fourth quarter.

Excluding items, Universal Health Services, Inc. reported adjusted earnings of $214.91 million or $3.13 per share for the period.

Analysts on average had expected the company to earn $2.88 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.2% to $3.70 billion from $3.45 billion last year.

Universal Health Services, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $216.38 Mln. vs. $174.82 Mln. last year. -EPS (Q4): $3.16 vs. $2.43 last year. -Analyst Estimate: $2.88 -Revenue (Q4): $3.70 Bln vs. $3.45 Bln last year.