Although the revenue and EPS for Universal Health Services (UHS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Universal Health Services (UHS) came out with quarterly earnings of $4.92 per share, beating the Zacks Consensus Estimate of $4.19 per share. This compares to earnings of $3.13 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Universal Health Services (UHS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Goldman Sachs downgraded Universal Health to Neutral from Buy with a price target of $198, down from $228. Amid rising policy uncertainty, with a wide range of potential outcomes, Goldman is taking a more cautious view on healthcare providers, the analyst tells investors in a research note. With this view, the firm downgraded hospitals Tenet (THC) and Universal Health (UHS) to Neutral while upgrading Lifestance Health Group (LFST) to Buy, where it believes the company is more insulated from policy risk. For Universal Health, the analyst sees policy risk "taking center stage" and likely leaving shares range bound until policy outcomes are better defined, reflected in out year estimates, and in the stock's valuation.
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Universal Health Services, Inc. (NYSE:UHS ) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Steve Filton - Executive Vice President & Chief Financial Officer Conference Call Participants Marco Criscuolo - Nephron Research Ann Hynes - Mizuho Andrew Mok - Barclays A.J. Rice - UBS Pito Chickering - Deutsche Bank Joanna Gajuk - BofA Securities Jamie Perse - Goldman Sachs Ryan Langston - TD Cowen Matthew Gillmor - KBCM Whit Mayo - Leerink Partners Michael Ha - Baird Ben Hendrix - RBC Capital Markets Operator Good day, and thank you for standing by.
The headline numbers for Universal Health Services (UHS) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Universal Health Services (UHS) came out with quarterly earnings of $3.71 per share, missing the Zacks Consensus Estimate of $3.75 per share. This compares to earnings of $2.55 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Evaluate the expected performance of Universal Health Services (UHS) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Universal Health Services (UHS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.