Healthcare Q2 Earnings Slated On Jul 25: HCA, UHS & More
Zacks Investment Research | Jul 23, 2017 09:56PM ET
Earnings reports for the second-quarter are pouring in. Results from 97 of the 500 S&P companies out already paint a strong earnings picture, which is likely to look rosier over the course of this reporting cycle.
Per the latest Quest Diagnostics Incorporated Quote
Universal Health Services, Inc. (NYSE:UHS) has an Earnings ESP of 0.00% as the Most Accurate estimate of $2.07 is in line with the Zacks Consensus Estimate. This makes surprise prediction difficult despite the company’s Zacks Rank #3.
Last quarter, Universal Health, beat the Zacks Consensus Estimate by 1.94%. This time, however, the company is unlikely to come up with a beat.
With respect to the surprise trend, Universal Health, surpassed expectations in two of the last four quarters but missed in one. The average is a negative earnings surprise of 0.42%.
Universal Health is likely to have witnessed a rise in revenue per adjusted patient day for its Behavioral Health division, continuing the previous quarter’s trend. The company’s Acute Care division is expected to deliver a decent performance on the back of adjusted admissions growth. Universal Health’s efforts to enhance shareholders’ value through share repurchase might boost its bottom line by limiting share count. (read more: Universal Health Services, Inc. Quote
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