KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Services Inc. (UHS) on Monday reported fourth-quarter earnings of $174.8 million.
On a per-share basis, the King Of Prussia, Pennsylvania-based company said it had net income of $2.43. Earnings, adjusted for non-recurring costs, were $3.02 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.96 per share.
The hospital and health facility operator posted revenue of $3.45 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $3.4 billion.
For the year, the company reported profit of $675.6 million, or $9.14 per share. Revenue was reported as $13.4 billion.
Universal Health Services expects full-year earnings in the range of $9.50 to $10.50 per share, with revenue in the range of $14.04 billion to $14.31 billion.
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