Universal Health Services, Inc. (UHS) said it estimates second quarter adjusted net income to UHS will be approximate $2.05 to $2.15 per share. Analysts polled by Thomson Reuters expect the company to report profit per share of $2.79. Analysts' estimates typically exclude special items. The company said the lower than expected earnings projected for the second quarter was due primarily to lower than expected patient volumes, revenues and income generated at its acute care hospitals. During April and May of 2022, the company's acute care hospitals experienced a significant decline in COVID-related patients. During the two months, patient volumes, revenues and income generated at the company's behavioral health care facilities were also below its expectations.
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