secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL HEALTH SERVICES INC (UHS)
CIK:        0000352915
Form:       8-K
Filed at:   2022-06-30T23:59:59+00:00
Accession:  0001564590-22-024881
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UHS slashes FY2022 guidance; Q2 adjusted EPS seen at $2.05-$2.15
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/352915/000156459022024881/0001564590-22-024881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/352915/000156459022024881/uhs-8k_20220630.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-024881

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