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Actionable news in UHS: UNIVERSAL HEALTH SERVICES Inc CLASS B,

Universal Health Services profit rises sharply

Universal Health Services Inc. reported sharply higher third-quarter profit, bolstered by higher admission rates.

But citing operating trends, the company lowered the top end of its earnings projection for the year by 10 cents, saying it now expects to make $6.75 to $7.05 a share.

The results come after recent volatility in the hospital sector after several of the large hospital operators warned their results for the quarter would miss analysts' projections, fueling concerns that the sector was entering a slump.

Like its industry peers...


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