secwatch.observer — SEC 8-K summary
======================================

Issuer:     UNIVERSAL HEALTH SERVICES INC (UHS)
CIK:        0000352915
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0000950170-24-086313
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UHS Q2 EPS $4.26 vs $2.42 YoY; raises 2024 guidance; adds $1B to buyback
------------------------------------------------------------------------

- Q2 net income $289.2M ($4.26 diluted EPS) vs $171.3M ($2.42) YoY; adjusted EPS $4.31.
- Net revenues $3.908B (+10.1% YoY); same-facility acute revenue +6.6%, behavioral +11.0%.
- Revised 2024 guidance: Adj. EPS $15.40-$16.20 (prev $13.00-$14.00); Adj. EBITDA $2.154B-$2.226B (prev $1.931B-$2.019B).
- Board authorizes $1B increase to stock repurchase program; total authorization now $1.228B.
- Operating cash flow $1.076B through June 2024 vs $654M in 2023, up 64%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/352915/000095017024086313/0000950170-24-086313-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/352915/000095017024086313/uhs-20240724.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-086313

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer