Universal health services, inc. revises earnings guidance for the full year ending december 31, 2019
Universal health services, inc. revised earnings guidance for the full year ending december 31, 2019. based upon the operating trends and financial results experienced during the first nine months of 2019, the company is revising its estimated range of adjusted net in come attributable to uhs for the year ended december 31, 2019 to $9.60 to $9.90 per diluted share as compared to the previously provided range of $9.70 to $10.40 per diluted share. this revised estimated guidance range decreases the lower end of the previously provided range 1.0% and decreases the upper end of the previously provided range by 4.8%. contributing to, and included in, the revised estimated earnings guidance range for the year ended december 31, 2019 is the above-mentioned unrealized loss of $0.11 per diluted share ($12.5 million pre-tax), recorded during the first nine months of 2019 resulting from a decrease in the market value of shares of certain marketable securities held for investment and classified as available for sale.
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