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Universal Health Services, Inc. Reports 2007 Fourth Quarter and Full Year Earnings and 2008 Guidance
Date:2/28/2008

income taxes ("EBITDA") 510,190 440,725

Hurricane insurance recoveries

in excess of expenses 214 (167,999)

Depreciation and amortization 183,281 163,694

Interest expense, net 51,626 32,558

Income before income taxes 275,069 412,472

Provision for income taxes 104,550 152,878

Income from continuing operations 170,519 259,594

Loss from discontinued operations,

net of income taxes (132) (136)

Net income $170,387 $259,458

Twelve months Twelve months

ended December 31, ended December 31,

2007 2006

Per Per

Diluted Diluted

Amount Share Amount Share

Calculation of Adjusted Income

from Continuing Operations

Income from continuing

operations $170,519 $3.18 $259,594 $4.57

Plus/minus adjustments:

Hurricane related expenses, net

of recoveries, minority

interests and income taxes 133 - (99,908) (1.73)

Gain on sale of real property,

net of income taxes (1,364) (0.02) - -

Reduction of reserve for

professional and general

liability self-insured claims,

net of minority interests

and income taxes (10,104) (0.19) - -

Unfavorable (favorable) prior

period effect of Texas

Medicaid supplemental payments


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SOURCE Universal Health Services, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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