HCA: Q1 Earnings Snapshot
NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — HCA Healthcare Inc. (HCA) on Friday reported first-quarter net income of $1.61 billion.
On a per-share basis, the Nashville, Tennessee-based company said it had profit of $6.45.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $5.77 per share.
The hospital operator posted revenue of $18.32 billion in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $18.31 billion.
HCA expects full-year earnings to be $24.05 to $25.85 per share, with revenue in the range of $72.8 billion to $75.8 billion.
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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