Universal Health Services Inc. (NYSE:UHS) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.
Universal Health Services Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 7.14% to $1.20 in the quarter versus EPS of $1.12 in the year-earlier quarter.
Revenue: Rose 6.08% to $1.83 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Universal Health Services Inc. reported adjusted EPS income of $1.20 per share. By that measure, the company beat the mean analyst estimate of $1.16. It missed the average revenue estimate of $1.87 billion.
Key Stats (on next page)…
Revenue increased 0.18% from $1.83 billion in the previous quarter. EPS decreased 1.64% from $1.22 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.00 to a profit $1.01. For the current year, the average estimate has moved up from a profit of $4.46 to a profit of $4.48 over the last ninety days.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)