Investing.com - Universal Health Services reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Universal Health Services announced earnings per share of $2.54 on revenue of $3.34. Analysts polled by Investing.com anticipated EPS of $2.44 on revenue of $3.29B.
Universal Health Services shares are down 37% from the beginning of the year and are trading at $107.52 , down-from-52-week-high.
Universal Health Services shares gained 11.21% in after-hours trade after the report.
Universal Health Services follows other major Healthcare sector earnings this month
Universal Health Services's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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