earnings
confidence high
sentiment negative
materiality 0.85
UHS slashes FY2022 guidance; Q2 adjusted EPS seen at $2.05-$2.15
UNIVERSAL HEALTH SERVICES INC
2022-Q2 EPS reported
$4.22
revenue$6,616,363,000
- Q2 2022 adjusted EPS estimated at $2.05-$2.15, well below prior expectations due to lower acute care COVID volumes.
- FY2022 net revenue guidance cut to $13.235B-$13.371B (down 1.4%-2.4% from original).
- FY2022 adjusted EBITDA guidance slashed to $1.635B-$1.712B (down 10.7%-11.2%).
- FY2022 adjusted EPS guidance reduced to $9.60-$10.40 from prior $11.90-$12.90 (down 19.3%).
- Shortfalls driven by slow recovery in non-COVID patient volumes and persistent staffing cost pressures.