Universal Health Services Lowers 2017 Earnings Guidance - Quick Facts

(RTTNews) - Universal Health Services, Inc. (UHS) announced the company is revising estimated range of adjusted net income attributable to UHS for the year ended December 31, 2017 to $7.50 to $8.00 per share from the previously provided range of $7.70 to $8.20 per share. The revised guidance range decreases both the lower and upper end of the previously provided range by approximately 2.5%.

For the three-month period ended June 30, 2017, adjusted net income attributable to UHS was $188.1 million, or $1.94 per share, compared to $191.1 million, or $1.94 per share, during the second quarter of 2016. Net revenues increased 7.5% to $2.61 billion during the second quarter of 2017 as compared to $2.43 billion during the second quarter of 2016.