Universal Health Services (UHS) is trading higher as investors react to a better-than-expected first-quarter report and a higher full-year outlook. The company posted Q1 2026 EPS of $5.62 on revenue of $4.495 billion, and it updated full-year 2026 guidance to $22.64–$24.52 EPS and $18.4–$18.8 billion of revenue—signals that operating momentum is carrying into the rest of the year. (stocktitan.net)

In the quarter, UHS reported net income attributable to UHS of $348.7 million ($5.65 diluted) and net revenues up 9.6% year over year to $4.495 billion, alongside adjusted EBITDA net of noncontrolling interests of about $648 million. The print, paired with the higher 2026 ranges, is driving the reassessment of near-term earnings power after the stock’s earlier pullback from prior highs. (stocktitan.net)

UHS said it repurchased 675,000 shares for roughly $127.3 million during Q1 and ended the period with about $1.298 billion still authorized for buybacks. It also amended its credit agreement to increase borrowing capacity by $900 million, including a $400 million delayed-draw term loan A expected to help fund the planned Talkspace acquisition—an added catalyst for debate over capital deployment and leverage into the back half of 2026. (stocktitan.net)