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研究快訊:環球健康服務公司:第一季每股收益超出預期

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-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師總結如下: UHS第一季業績穩健,調整後每股收益為5.62美元(年增16.1%),高於市場預期0.16美元。儘管患者數量不高,但由於價格上漲,營收仍成長9.6%至44.95億美元。同店急性照護收入成長8.2%,調整後入院人數持平,但每次入院的收入成長6.3%;行為健康業務入院人數成長1.2%,營收成長7.3%。我們認為,以8.35億美元收購Talkspace可能會擴展UHS的虛擬行為健康服務能力,並擴大其支付方組合。管理層預計該交易將於第三季完成。經營現金流量成長11.7%至4.02億美元,UHS回購了價值1.273億美元的股票,但由於營運費用增加,調整後EBITDA利潤率下降20個基點至14.4%。我們認為行為健康領域的人員配備挑戰仍然存在,但預計與Talkspace的整合將創造成長機會。

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