Universal Health Services Narrows 2018 Earnings Guidance Range - Quick Facts

(RTTNews) - Universal Health Services, Inc. (UHS) announced the company is narrowing its estimated range of adjusted net income attributable to UHS for the year ended December 31, 2018 to $9.25 to $9.60 per diluted share as compared to the previously provided range of $9.25 to $9.90 per diluted share. The revised estimated guidance range decreases the upper end of the previously provided range by 3.0% while the lower end of the range remains unchanged.

For the three-month period ended September 30, 2018, adjusted net income attributable to UHS was $208.8 million, or $2.23 per diluted share, as compared to $143.4 million, or $1.49 per diluted share, during the third quarter of 2017. Net revenues increased 4.2% to $2.65 billion during the third quarter of 2018 as compared to $2.54 billion during the third quarter of 2017.