KING OF PRUSSIA, Pa. (AP) _ Universal Health Services Inc. (UHS) on Monday reported first-quarter net income of $209.1 million.

On a per-share basis, the King Of Prussia, Pennsylvania-based company said it had net income of $2.43. Earnings, adjusted for non-recurring costs, came to $2.44 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.15 per share.

The hospital and health facility operator posted revenue of $3.01 billion in the period.

Universal Health Services shares have climbed 6% since the beginning of the year. In the final minutes of trading on Monday, shares hit $145.78, an increase of 43% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UHS at https://www.zacks.com/ap/UHS

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