HCA Healthcare, Inc. Q4 Profit Increases, but misses estimates

HCA Healthcare, Inc. (HCA) announced earnings for its fourth quarter that increased from the same period last year but missed the Street estimates.

The company's earnings came in at $2.08 billion, or $7.28 per share. This compares with $1.81 billion, or $5.75 per share, in last year's fourth quarter.

Excluding items, HCA Healthcare, Inc. reported adjusted earnings of $1.33 billion or $4.64 per share for the period.

Analysts on average had expected the company to earn $4.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.9% to $15.50 billion from $15.06 billion last year.

HCA Healthcare, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $2.08 Bln. vs. $1.81 Bln. last year.
-EPS (Q4): $7.28 vs. $5.75 last year.
-Analyst Estimate: $4.78
-Revenue (Q4): $15.50 Bln vs. $15.06 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT