Universal Health Q3 Earnings Miss on Elevated Operating Costs

Universal Health Services, Inc. (UHS) reported third-quarter 2024 adjusted earnings per share (EPS) of $3.71, which missed the Zacks Consensus Estimate by 1.1%. Nevertheless, the bottom line climbed 45.5% year over year.Net revenues advanced 11.2% year over year to nearly $4 billion. The top line beat the consensus mark by 1.4%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Universal Health’s quarterly performance suffered from an elevated operating expense level. Nevertheless, the ...