Universal Health Services, Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Universal Health Services, Inc. (UHS) revealed a profit for its third quarter that rose from last year.

The company's profit came in at $241.28 million, or $2.82 per share. This compares with $97.19 million, or $1.10 per share, in last year's third quarter.

Excluding items, Universal Health Services, Inc. reported adjusted earnings of $246.48 million or $2.88 per share for the period.

Analysts had expected the company to earn $1.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.2% to $2.91 billion from $2.82 billion last year.

Universal Health Services, Inc. earnings at a glance:

-Earnings (Q3): $246.48 Mln. vs. $176.26 Mln. last year. -EPS (Q3): $2.88 vs. $1.99 last year. -Analysts Estimate: $1.92 -Revenue (Q3): $2.91 Bln vs. $2.82 Bln last year.