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Universal Health Servs (NYSE:UHS) announces its next round of earnings this Tuesday, April 25. This is Benzinga’s guide with the most important information for this Tuesday’s first quarter earnings presentation.
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Net income, earnings and earnings per share
Earnings and EPS are useful profitability metrics. Total earnings, also known as net income, equals total revenue minus total expenses. If we divide net income by the total number of shares outstanding, we get EPS.
earnings and income
Analysts covering Universal Health Servs predict quarterly EPS of 2.19 on revenue of $3.45 billion. In the same quarter last year, Universal Health Servs reported earnings per share of 2.15 on revenue of $3.29 billion.
What are analyst estimates and surprise earnings and why are they important?
Wall Street analysts studying this company will publish analysts’ estimates for earnings and EPS. The averages of all analysts’ earnings and EPS estimates are called the “consensus estimates”; these consensus estimates can have a significant effect on a company’s performance during the earnings release.
When a company posts earnings or revenue above or below consensus estimates, it is said to have posted “surprise earnings,” which can cause significant movements in the stock depending on the difference between the actual and estimated values.
If the company were to post earnings online when it publishes its results on Tuesday, quarterly profit would rise 1.86%. Sales would have risen 4.77% compared to the same period of the previous year. Here’s how Universal Health Servs’ reported EPS has matched analyst estimates in the past:
Quarter | Fourth Quarter 2022 | Third Quarter 2022 | Second Quarter 2022 | First Quarter 2022 |
---|---|---|---|---|
EPS Estimate | 296 | 244 | 235 | 246 |
BPA Real | 302 | 254 | 220 | 215 |
Income Estimation | 3.40 billion | 3.29 billion | 3.28 billion | 3.21 billion |
actual income | 3.45 billion | 3.34 billion | 3.32 billion | 3.29 billion |
Stock performance
Universal Health Servs shares were trading at $139.97 as of April 21. Over the past 52-week period, the shares are up 13.20%. Given that these returns are generally positive, long-term shareholders are likely to be happy with this earnings release.
Don’t be surprised to see movement in actions on comments made during your conference call. The Universal Health Servs conference call is scheduled for 09:00:00 ET and can be accessed here:
2023-04-25 10:52:06
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