Universal Health Services Leads Hospital Chains in Q1 with Strong Revenue Growth

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

Universal Health Services reported first-quarter revenues of $4.50 billion, up 9.6% year on year and exceeding analyst expectations by 2.4%, making it the best performer among the four hospital chains tracked. The group overall posted mixed results, with aggregate revenues beating consensus estimates by 0.7% but next-quarter revenue guidance coming in 2.7% below expectations. Tenet Healthcare's revenue of $5.37 billion met estimates, while Acadia Healthcare's $828.8 million exceeded by 0.6% and HCA Healthcare's $19.11 billion matched expectations. Despite the beats, share prices across the group have fallen an average of 9% since reporting, with Universal Health Services down 18.7% and HCA Healthcare down 17.5%.

Impact on stocks 4

Health Care · 3 stocks
Aging Population · 1 stocks
HCA Healthcare, Inc.
HCA
▼ NegativeCapitalrelevance

Revenue matched estimates but shares fell 17.5% since reporting; guidance miss for sector.