Universal Health Services beats quarterly profit estimates on higher medical care demand
Core Insights - Universal Health Services exceeded Wall Street profit estimates for the third quarter, attributed to consistent demand for medical care services at its hospitals, resulting in a 6% increase in share price during extended trading [1] Financial Performance - The company reported a profit that surpassed analysts' expectations, indicating strong operational performance [1] Market Reaction - Following the earnings announcement, Universal Health Services' shares experienced a notable surge of 6% in after-hours trading, reflecting positive investor sentiment [1]