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UHS - Only One S&P 500 Sector's Core Earnings Improved This Year
Universal Health Services Inc.
The COVID-19-induced economic downturn wiped out eight quarters of core earnings growth in just two quarters, as we highlighted in “S&P 500 Peaks As Earnings Trough.” This report focuses on the core earnings of each S&P 500 sector to narrow in on where the most damage was done.
Our measure of core earnings leverages technology to provide clients with a cleaner and more comprehensive view of earnings[1]. Investors armed with our measure of core earnings have a differentiated and more informed view of the fundamentals of companies and sectors.