Market Overview

Universal Health Services Reports 18% Rise in Quarterly Revenues

Shares of Universal Health Services (NYSE: UHS) are trading flat in the after-hours following the release of the company's Q4 earnings results. Currently, shares are higher bid $43.97, at $44.80; they ended the regular session higher by 0.06%, at $43.97.

American Water Works reported Q4 EPS of $0.91 on revenues of $1.84 billion. Revenues increased 18% year over year.

"This past quarter marked the one year anniversary of our acquisition of PSI and we remain pleased with how that integration process has gone, as well as, with the continued strong demand for our behavioral services, in general", said Alan B. Miller, Chief Executive Officer.

"As we enter 2012, we are encouraged by the opportunities to expand our presence in the behavioral health business and we look forward to improvement in our acute care business as the economy continues its gradual recovery."

Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers.

Posted-In: Earnings News After-Hours Center

 

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