HCA: Q2 Earnings Snapshot
Posted July 20, 2021 4:49 am.
Last Updated July 20, 2021 4:51 am.
NASHVILLE, Tenn. (AP) _ HCA Holdings Inc. (HCA) on Tuesday reported second-quarter profit of $1.45 billion.
On a per-share basis, the Nashville, Tennessee-based company said it had net income of $4.36. Earnings, adjusted for non-recurring costs, were $4.37 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.17 per share.
The hospital operator posted revenue of $14.44 billion in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $13.61 billion.
HCA expects full-year earnings to be $16.30 to $17.10 per share, with revenue in the range of $57 billion to $58 billion.
HCA shares have climbed 32% since the beginning of the year. The stock has more than doubled in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCA at https://www.zacks.com/ap/HCA
The Associated Press
