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Exploring Analyst Estimates for Universal Health Services (UHS) Q1 Earnings, Beyond Revenue and EPS
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The upcoming report from Universal Health Services (UHS - Free Report) is expected to reveal quarterly earnings of $3.14 per share, indicating an increase of 34.2% compared to the year-ago period. Analysts forecast revenues of $3.77 billion, representing an increase of 8.7% year over year.
Over the last 30 days, there has been a downward revision of 0.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Universal Health Services metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus among analysts is that 'Net Revenues- Acute care hospital services' will reach $2.14 billion. The estimate suggests a change of +8.7% year over year.
The average prediction of analysts places 'Net Revenues- Behavioral health services' at $1.60 billion. The estimate indicates a year-over-year change of +7.6%.
It is projected by analysts that the 'Net Revenues- Other' will reach $3.70 million. The estimate points to a change of +5.7% from the year-ago quarter.
The consensus estimate for 'Operating Income- Behavioral Health Care Services' stands at $279.17 million. The estimate compares to the year-ago value of $266.70 million.
The combined assessment of analysts suggests that 'Operating Income- Acute Care Hospital Services' will likely reach $164.18 million. Compared to the present estimate, the company reported $139.73 million in the same quarter last year.
Over the past month, Universal Health Services shares have recorded returns of -9.4% versus the Zacks S&P 500 composite's -4.2% change. Based on its Zacks Rank #2 (Buy), UHS will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Exploring Analyst Estimates for Universal Health Services (UHS) Q1 Earnings, Beyond Revenue and EPS
The upcoming report from Universal Health Services (UHS - Free Report) is expected to reveal quarterly earnings of $3.14 per share, indicating an increase of 34.2% compared to the year-ago period. Analysts forecast revenues of $3.77 billion, representing an increase of 8.7% year over year.
Over the last 30 days, there has been a downward revision of 0.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Universal Health Services metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus among analysts is that 'Net Revenues- Acute care hospital services' will reach $2.14 billion. The estimate suggests a change of +8.7% year over year.
The average prediction of analysts places 'Net Revenues- Behavioral health services' at $1.60 billion. The estimate indicates a year-over-year change of +7.6%.
It is projected by analysts that the 'Net Revenues- Other' will reach $3.70 million. The estimate points to a change of +5.7% from the year-ago quarter.
The consensus estimate for 'Operating Income- Behavioral Health Care Services' stands at $279.17 million. The estimate compares to the year-ago value of $266.70 million.
The combined assessment of analysts suggests that 'Operating Income- Acute Care Hospital Services' will likely reach $164.18 million. Compared to the present estimate, the company reported $139.73 million in the same quarter last year.
View all Key Company Metrics for Universal Health Services here>>>
Over the past month, Universal Health Services shares have recorded returns of -9.4% versus the Zacks S&P 500 composite's -4.2% change. Based on its Zacks Rank #2 (Buy), UHS will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>