Earnings Results: UHS stock drops more than 10% following earnings miss as higher wages eat into revenue

Universal Health Services Inc. shares dropped in the extended session Monday after the acute-care hospital operator’s earnings fell short of Wall Street estimates as it has had to pay higher wages during a healthcare personnel shortage.

Read the entire article here.

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.