Universal Health Services (NYS: UHS) is expected to report Q3 earnings on Oct. 30. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Universal Health Services's revenues will grow 2.5% and EPS will grow 16.3%.
The average estimate for revenue is $1.89 billion. On the bottom line, the average EPS estimate is $1.00.
Last quarter, Universal Health Services booked revenue of $1.91 billion. GAAP reported sales were 2.4% higher than the prior-year quarter's $1.87 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.12. GAAP EPS of $1.10 for Q2 were 5.8% higher than the prior-year quarter's $1.04 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 44.9%, 50 basis points better than the prior-year quarter. Operating margin was 12.0%, 40 basis points worse than the prior-year quarter. Net margin was 5.6%, 10 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $7.58 billion. The average EPS estimate is $4.33.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 120 members out of 129 rating the stock outperform, and nine members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give Universal Health Services a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Universal Health Services is outperform, with an average price target of $52.39.
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The article What Does Wall Street See for Universal Health Services's Q3? originally appeared on Fool.com.
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