Universal Health Services’ Earnings Light (UHS)

Universal Health Services Inc. UHS reports Q2 earnings of $0.68 versus estimates of $0.70. Universal Health Services Inc. reports Q2 revenues of $1.34 billion versus estimates of $1.36 billion. Revenues rose 2.7% year over year. In May, Universal Health agreed to acquire mental-health inpatient clinic operator Psychiatric Solutions Inc. PSYS for about $2 billion, a deal the company said will strengthen its growing behavioral health division. Shares of UHS were off 0.31% in the after-hours. 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.